| ICE latest price $80.7500 (-3.65%) ($80.2900 - $82.9600) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 47 |
Latest Price | $80.7500(-3.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1.8% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(69%) SPLV(68%) IVW(66%) DIA(65%) IWD(65%) |
Factors Impacting ICE price | ICE will decline at least -1.98% in a week (0% probabilities). VIXM(-39%) UUP(-25%) VXX(-13%) TLT(-2%) TBT(1%) |
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 | -1.98% (StdDev 3.96%) |
Hourly BBV | -0.4 () |
Intraday Trend | -2.2% |
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