| ICE latest price $102.3900 (-0.3%) ($101.7150 - $102.8900) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 62 |
Latest Price | $102.3900(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.9% a day on average for past five trading days. |
Weekly Trend | ICE advances 2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(70%) IVE(69%) IWD(69%) DIA(68%) SDY(68%) |
Factors Impacting ICE price | ICE will decline at least -1.08% in a week (0% probabilities). VIXM(-32%) UUP(-31%) TBT(-13%) VXX(-3%) EDOC(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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.1% |
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