| ICE latest price $116.9000 (0.11%) ($115.7800 - $117.1300) on Thu. Sep. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 57 |
Latest Price | $116.9000(0.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ICE advances 0.3% a day on average for past five trading days. |
Weekly Trend | ICE declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ICE advance at 0% a week (0% probability) GDXJ(98%) VFMO(98%) XHB(97%) XME(97%) EWP(96%) |
Factors Impacting ICE price | ICE will decline at least -0.46% in a week (0% probabilities). TBT(-69%) USO(-39%) FXI(-36%) UUP(-29%) MCHI(-25%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.46% (StdDev 0.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0.2% |
| |
|
|