| ICE latest price $104.0200 (-0.98%) ($103.5600 - $105.9300) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 67 |
Latest Price | $104.0200(-0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1.3% a day on average for past five trading days. |
Weekly Trend | ICE advances 4.9% 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) IVE(70%) IWD(70%) SPY(70%) DIA(66%) IVW(66%) |
Factors Impacting ICE price | ICE will decline at least -0.88% in a week (0% probabilities). VIXM(-20%) UUP(-20%) TBT(-11%) VXX(0%) UNG(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 | -0.88% (StdDev 1.76%) |
Hourly BBV | -1.7 () |
Intraday Trend | -1% |
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