| ICE latest price $117.9900 (0.08%) ($117.6600 - $118.3200) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.91% (three month average) |
RSI | 71 |
Latest Price | $117.9900(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.5% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.6% 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(98%) XLF(93%) HYG(90%) JNK(88%) VCIT(77%) |
Factors Impacting ICE price | ICE will decline at least -0.455% in a week (0% probabilities). TBT(-62%) USO(-16%) URA(7%) FXI(15%) VXX(-97%) |
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 | -0.455% (StdDev 0.91%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.1% |
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