| ICE latest price $127.0400 (0.3%) ($125.2900 - $127.3300) on Tue. Feb. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 35 |
Latest Price | $127.0400(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.5% a day on average for past five trading days. |
Weekly Trend | ICE declines -1.9% 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(68%) IWD(67%) IVE(66%) DIA(65%) IVW(65%) |
Factors Impacting ICE price | ICE will decline at least -0.54% in a week (0% probabilities). VIXM(-39%) UUP(-29%) TBT(-12%) VXX(-5%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.54% (StdDev 1.08%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|