| ICE latest price $97.2600 (-2.18%) ($97.0800 - $99.5100) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 68 |
Latest Price | $97.2600(-2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1% a day on average for past five trading days. |
Weekly Trend | ICE advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(68%) IWD(68%) SPY(67%) DIA(65%) SDY(65%) |
Factors Impacting ICE price | ICE will decline at least -0.83% in a week (0% probabilities). VIXM(-20%) UUP(-20%) TBT(-10%) VXX(0%) UNG(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 | -0.83% (StdDev 1.66%) |
Hourly BBV | -0.9 () |
Intraday Trend | -2.1% |
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