| ICE latest price $117.8600 (0.18%) ($117.2300 - $119.0200) on Tue. Jan. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 70 |
Latest Price | $117.8600(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.8% a day on average for past five trading days. |
Weekly Trend | ICE advances 1.9% 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 -0.635% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.3% |
| |
|
|