| ICE latest price $94.9400 (1.65%) ($92.2400 - $96.2200) on Tue. Mar. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 50 |
Latest Price | $94.9400(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.7% a day on average for past five trading days. |
Weekly Trend | ICE declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(74%) DIA(72%) SPLV(72%) IVE(71%) IVW(71%) |
Factors Impacting ICE price | ICE will decline at least -0.75% in a week (0% probabilities). VIXM(-49%) VXX(-19%) UUP(-10%) TLT(-8%) IGOV(1%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.4% |
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