| ICE latest price $109.2400 (-0.84%) ($108.8200 - $110.3800) on Thu. Dec. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 87 |
Latest Price | $109.2400(-0.84%) |
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 3.6% a week on average for past two weeks. |
Market Behavior | Normal 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%) DIA(63%) IWD(63%) IVE(62%) IVW(62%) |
Factors Impacting ICE price | ICE will decline at least -0.635% in a week (0% probabilities). VIXM(-39%) UUP(-24%) VXX(-10%) TBT(-6%) IGOV(-6%) |
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 | -0.635% (StdDev 1.27%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.5% |
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