| ICE latest price $99.1200 (1.86%) ($97.3600 - $99.5000) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 25 |
Latest Price | $99.1200(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.6% a day on average for past five trading days. |
Weekly Trend | ICE declines -8.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(71%) IVE(70%) IWD(70%) DIA(69%) SDY(69%) |
Factors Impacting ICE price | ICE will decline at least -1.05% in a week (0% probabilities). VIXM(-34%) UUP(-31%) TBT(-9%) VXX(-3%) TLT(8%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.3% |
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