| ICE latest price $110.1700 (0.1%) ($109.0500 - $110.7100) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 94 |
Latest Price | $110.1700(0.1%) |
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 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(66%) DIA(63%) IWD(63%) IVE(62%) IVW(62%) |
Factors Impacting ICE price | ICE will decline at least -0.665% in a week (0% probabilities). VIXM(-39%) UUP(-24%) VXX(-10%) TBT(-6%) IGOV(-6%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.2% |
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