| ICE latest price $104.0500 (1.52%) ($102.1000 - $104.3000) on Mon. Aug. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 81 |
Latest Price | $104.0500(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1% a day on average for past five trading days. |
Weekly Trend | ICE advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) SPY(66%) IVW(64%) IWF(63%) SPLV(63%) DIA(62%) |
Factors Impacting ICE price | ICE will decline at least -0.795% in a week (0% probabilities). VIXM(-39%) UUP(-25%) VXX(-11%) TBT(-7%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.795% (StdDev 1.59%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.5% |
| |
|
|