| ICE latest price $105.4200 (1.08%) ($104.0850 - $105.4900) on Mon. Apr. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 64 |
Latest Price | $105.4200(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 1.5% a day on average for past five trading days. |
Weekly Trend | ICE advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(58%) IWD(55%) SPLV(54%) HYG(53%) SPY(53%) |
Factors Impacting ICE price | ICE will decline at least -0.7% in a week (0% probabilities). VXX(-40%) VIXM(-39%) UUP(-25%) TBT(-24%) EDOC(-13%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.9% |
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