| ICE latest price $74.5200 (1.17%) ($72.5100 - $77.5400) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 35 |
Latest Price | $74.5200(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1.3% a day on average for past five trading days. |
Weekly Trend | ICE declines -11% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(71%) DIA(68%) IVW(68%) IWD(68%) IWF(68%) |
Factors Impacting ICE price | ICE will decline at least -1.9% in a week (0% probabilities). VIXM(-46%) UUP(-17%) VXX(-16%) TLT(-4%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.9% (StdDev 3.8%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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