| ICE latest price $49.5134 (7.27%) ($48.8468 - $50.3198) on Wed. May. 4, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 74 |
Latest Price | $49.5134(7.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1.2% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(65%) IWD(63%) IVE(62%) IVW(62%) SPLV(62%) |
Factors Impacting ICE price | ICE will decline at least -0.805% in a week (0% probabilities). VIXM(-24%) UUP(-14%) TLT(-11%) SHY(-4%) IPO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|