| ICE latest price $94.0000 (2.9%) ($91.5300 - $94.0700) on Fri. Oct. 4, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 59 |
Latest Price | $94.0000(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.4% a day on average for past five trading days. |
Weekly Trend | ICE declines -0.5% 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) SPY(71%) SPLV(70%) DIA(69%) IVW(69%) IVE(68%) |
Factors Impacting ICE price | ICE will decline at least -0.615% in a week (0% probabilities). VIXM(-47%) VXX(-18%) UUP(-10%) TLT(-5%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.615% (StdDev 1.23%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|