| ICE latest price $111.7200 (0.77%) ($110.5290 - $111.8700) on Wed. Jun. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 62 |
Latest Price | $111.7200(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.1% a day on average for past five trading days. |
Weekly Trend | ICE advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(60%) HYG(56%) JNK(55%) SPY(54%) IWD(53%) |
Factors Impacting ICE price | ICE will decline at least -0.585% in a week (0% probabilities). VIXM(-49%) VXX(-45%) TBT(-43%) UUP(-29%) USO(-6%) |
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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
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