| ICE latest price $93.8400 (1.37%) ($92.5350 - $93.8700) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 46 |
Latest Price | $93.8400(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.5% a day on average for past five trading days. |
Weekly Trend | ICE declines -0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(65%) IVW(63%) IWF(62%) SPLV(62%) DIA(61%) |
Factors Impacting ICE price | ICE will decline at least -0.88% in a week (0% probabilities). VIXM(-38%) UUP(-24%) VXX(-11%) TBT(-6%) IGOV(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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.3% |
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