| ICE latest price $88.5000 (-0.77%) ($88.1450 - $90.3100) on Thu. Apr. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 66 |
Latest Price | $88.5000(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.1% a day on average for past five trading days. |
Weekly Trend | ICE advances 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(66%) IVW(64%) IWF(63%) SPLV(62%) DIA(61%) |
Factors Impacting ICE price | ICE will decline at least -2.035% in a week (0% probabilities). VIXM(-42%) UUP(-25%) VXX(-14%) TBT(-2%) TLT(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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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