| ICE latest price $97.4600 (1.35%) ($95.7800 - $97.7400) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 64 |
Latest Price | $97.4600(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.7% 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 | Growth stock rally for large cap. Normal 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 -0.75% in a week (0% probabilities). VIXM(-39%) UUP(-24%) VXX(-11%) TBT(-6%) 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 2.5 () |
Intraday Trend | 1.6% |
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