| ICE latest price $96.3200 (0.49%) ($95.5000 - $96.5300) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 66 |
Latest Price | $96.3200(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.5% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(62%) SPLV(62%) DIA(61%) |
Factors Impacting ICE price | ICE will decline at least -0.81% in a week (0% probabilities). VIXM(-39%) UUP(-24%) VXX(-11%) TBT(-6%) IGOV(0%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.5% |
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