| ICE latest price $112.2800 (0.5%) ($111.1700 - $112.3200) on Thu. Jun. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 64 |
Latest Price | $112.2800(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.3% a day on average for past five trading days. |
Weekly Trend | ICE advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(60%) HYG(56%) SPY(56%) JNK(55%) IWD(53%) |
Factors Impacting ICE price | ICE will decline at least -0.565% in a week (0% probabilities). VIXM(-51%) VXX(-47%) TBT(-43%) UUP(-29%) EDOC(-20%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.565% (StdDev 1.13%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
| |
|
|