| ICE latest price $100.9400 (-1.9%) ($100.9000 - $102.5450) on Fri. Jun. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 57 |
Latest Price | $100.9400(-1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.3% a day on average for past five trading days. |
Weekly Trend | ICE advances 2.7% 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(70%) IVE(69%) IWD(69%) DIA(68%) SDY(68%) |
Factors Impacting ICE price | ICE will decline at least -1.06% 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 | -1.06% (StdDev 2.12%) |
Hourly BBV | -2.5 () |
Intraday Trend | -1.2% |
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