| ICE latest price $107.4400 (4.29%) ($106.1200 - $108.3100) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 76 |
Latest Price | $107.4400(4.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1% a day on average for past five trading days. |
Weekly Trend | ICE advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(70%) IWD(70%) SPY(70%) DIA(68%) SDY(68%) |
Factors Impacting ICE price | ICE will decline at least -1.065% in a week (0% probabilities). VIXM(-30%) UUP(-28%) TBT(-14%) VXX(-2%) EDOC(0%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.6% |
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