| ICE latest price $112.1800 (-0.87%) ($112.1200 - $114.2900) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 70 |
Latest Price | $112.1800(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.2% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value 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 -0.64% in a week (0% probabilities). VIXM(-40%) UUP(-24%) VXX(-10%) TBT(-7%) IGOV(-5%) |
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 | -0.64% (StdDev 1.28%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.2% |
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