| ICE latest price $100.9600 (2.64%) ($100.4400 - $102.3250) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 47 |
Latest Price | $100.9600(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1.1% a day on average for past five trading days. |
Weekly Trend | ICE declines -1.3% 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%) DIA(62%) SPLV(62%) |
Factors Impacting ICE price | ICE will decline at least -0.745% in a week (0% probabilities). VIXM(-40%) UUP(-25%) VXX(-11%) TBT(-7%) EDOC(-5%) |
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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
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