| ICE latest price $112.0000 (-0.28%) ($111.6700 - $112.9100) on Thu. Jul. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 65 |
Latest Price | $112.0000(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.1% a day on average for past five trading days. |
Weekly Trend | ICE advances 0.6% 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(64%) SPY(59%) XLRE(58%) HYG(57%) IWD(57%) |
Factors Impacting ICE price | ICE will decline at least -0.55% in a week (0% probabilities). VIXM(-54%) VXX(-49%) TBT(-44%) UUP(-33%) USO(-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 | -0.55% (StdDev 1.1%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0.3% |
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