| ICE latest price $111.2000 (-0.86%) ($110.7800 - $112.1000) on Wed. Jun. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 76 |
Latest Price | $111.2000(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.5% a day on average for past five trading days. |
Weekly Trend | ICE advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) IVE(62%) HYG(57%) JNK(56%) SPY(56%) IWD(53%) |
Factors Impacting ICE price | ICE will decline at least -0.61% in a week (0% probabilities). VIXM(-47%) TBT(-45%) VXX(-42%) UUP(-37%) EDOC(-12%) |
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 | -0.61% (StdDev 1.22%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.8% |
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