| ICE latest price $113.3000 (-1.73%) ($112.3700 - $116.2500) on Mon. Jan. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 67 |
Latest Price | $113.3000(-1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.1% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.4% 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%) DIA(63%) IWD(63%) IVE(62%) IVW(62%) |
Factors Impacting ICE price | ICE will decline at least -0.63% in a week (0% probabilities). VIXM(-40%) UUP(-24%) VXX(-10%) TBT(-7%) 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 | -0.63% (StdDev 1.26%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.2% |
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