| ICE latest price $102.3100 (-0.33%) ($101.5950 - $103.4500) on Wed. Oct. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 68 |
Latest Price | $102.3100(-0.33%) |
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 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(66%) IVW(63%) IWF(63%) DIA(62%) SPLV(62%) |
Factors Impacting ICE price | ICE will decline at least -0.67% in a week (0% probabilities). VIXM(-40%) UUP(-25%) VXX(-11%) TBT(-7%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.67% (StdDev 1.34%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.5% |
| |
|
|