| ICE latest price $102.6100 (-0.34%) ($102.1700 - $103.6300) on Wed. Mar. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 23 |
Latest Price | $102.6100(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.3% a day on average for past five trading days. |
Weekly Trend | ICE declines -1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(63%) IWD(60%) SPY(60%) SPLV(59%) XLRE(59%) |
Factors Impacting ICE price | ICE will decline at least -0.575% in a week (0% probabilities). VIXM(-50%) UUP(-13%) GLD(-12%) BNDX(-12%) VXX(-10%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.4% |
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