| ICE latest price $107.4100 (-0.2%) ($106.9600 - $108.4000) on Tue. Jan. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 65 |
Latest Price | $107.4100(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.4% a day on average for past five trading days. |
Weekly Trend | ICE advances 2.5% 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(62%) IWD(61%) SPY(60%) XLRE(59%) DIA(57%) |
Factors Impacting ICE price | ICE will decline at least -0.775% in a week (0% probabilities). VIXM(-48%) UUP(-15%) VXX(-10%) GLD(-7%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0% |
| |
|
|