| ICE latest price $106.3800 (-1.73%) ($105.7400 - $107.8450) on Mon. Apr. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 72 |
Latest Price | $106.3800(-1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.4% a day on average for past five trading days. |
Weekly Trend | ICE advances 4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(56%) IWD(52%) SPLV(52%) SPY(51%) XLRE(50%) |
Factors Impacting ICE price | ICE will decline at least -0.7% in a week (0% probabilities). VXX(-40%) VIXM(-40%) UUP(-27%) TBT(-25%) SMH(-7%) |
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 | -0.4 () |
Intraday Trend | -1.1% |
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