| ICE latest price $96.1600 (0.4%) ($95.6800 - $96.5700) on Wed. Aug. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 66 |
Latest Price | $96.1600(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.4% a day on average for past five trading days. |
Weekly Trend | ICE advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(66%) IVW(63%) IWF(63%) SPLV(62%) DIA(61%) |
Factors Impacting ICE price | ICE will decline at least -0.755% in a week (0% probabilities). VIXM(-39%) UUP(-24%) VXX(-11%) TBT(-6%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.755% (StdDev 1.51%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|