| ICE latest price $110.0600 (-0.2%) ($109.2000 - $110.4000) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 89 |
Latest Price | $110.0600(-0.2%) |
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 3.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(66%) DIA(63%) IWD(63%) IVE(62%) IVW(62%) |
Factors Impacting ICE price | ICE will decline at least -0.675% in a week (0% probabilities). VIXM(-39%) UUP(-24%) VXX(-10%) TBT(-6%) EDOC(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 | -0.675% (StdDev 1.35%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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