| ICE latest price $104.9100 (0.58%) ($103.6200 - $104.9500) on Tue. Aug. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 66 |
Latest Price | $104.9100(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.8% a day on average for past five trading days. |
Weekly Trend | ICE advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(71%) IWD(71%) SPY(71%) DIA(69%) IVW(69%) |
Factors Impacting ICE price | ICE will decline at least -0.94% in a week (0% probabilities). VIXM(-30%) UUP(-29%) TBT(-14%) VXX(-2%) EDOC(1%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.8% |
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