| ICE latest price $95.7900 (-2.14%) ($95.0000 - $97.4700) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 57 |
Latest Price | $95.7900(-2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.2% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.8% 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 -1.965% 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 | -1.965% (StdDev 3.93%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.5% |
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