| ICE latest price $94.8700 (2.2%) ($93.1100 - $95.6310) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 56 |
Latest Price | $94.8700(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.3% a day on average for past five trading days. |
Weekly Trend | ICE advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal 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(66%) IVW(63%) IWF(63%) SPLV(63%) DIA(61%) |
Factors Impacting ICE price | ICE will decline at least -2.02% in a week (0% probabilities). VIXM(-41%) UUP(-25%) VXX(-13%) TBT(-4%) IGOV(2%) |
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 | -2.02% (StdDev 4.04%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.1% |
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