KD Logo

Intercontinental Exchange Inc [ICE] Investment Appeal on the Rise

Intercontinental Exchange Inc’s recently made public that its Director SPRIESER JUDITH A unloaded Company’s shares for reported $0.31 million on Aug 27 ’24. In the deal valued at $160.69 per share,1,941 shares were sold. As a result of this transaction, SPRIESER JUDITH A now holds 26,908 shares worth roughly $4.35 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Tirinnanzi Martha A sold 509 shares, generating $81,847 in total proceeds. Upon selling the shares at $160.80, the Director now owns 3,449 shares.

Before that, JUDITH SPRIESER DECLARATION TR bought 2,600 shares. Intercontinental Exchange Inc shares valued at $416,806 were divested by the Director at a price of $160.31 per share.

Deutsche Bank downgraded its Intercontinental Exchange Inc [ICE] rating to a Hold from a a Buy in a research note published on August 02, 2024; the price target was decreased to $152 from $155. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. Barclays also remained covering ICE and has increased its forecast on January 08, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating.

Price Performance Review of ICE

On Friday, Intercontinental Exchange Inc [NYSE:ICE] saw its stock jump 0.83% to $161.55. Over the last five days, the stock has gained 0.96%. Intercontinental Exchange Inc shares have risen nearly 25.79% since the year began. Nevertheless, the stocks have risen 37.02% over the past one year. While a 52-week high of $161.97 was reached on 08/28/24, a 52-week low of $104.49 was recorded on 05/02/24. SMA at 50 days reached $149.62, while 200 days put it at $134.94.

Levels Of Support And Resistance For ICE Stock

The 24-hour chart illustrates a support level at 160.41, which if violated will result in even more drops to 159.28. On the upside, there is a resistance level at 162.22. A further resistance level may holdings at 162.90. The Relative Strength Index (RSI) on the 14-day chart is 80.55, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.62%. Stochastics %K at 87.67% indicates the stock is a selling.

How much short interest is there in Intercontinental Exchange Inc?

A steep rise in short interest was recorded in Intercontinental Exchange Inc stocks on 2024-08-15, dropping by -0.15 million shares to a total of 5.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 6.04 million shares. There was a decline of -2.54%, which implies that there is a negative sentiment for the stock.

Most Popular