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A Guide To The Risks Of Investing In Intercontinental Exchange Inc (ICE)

Intercontinental Exchange Inc’s recent filing unveils that its President, Fixed Income & Data Edmonds Christopher Scott unloaded Company’s shares for reported $88786.0 on Jan 15 ’25. In the deal valued at $147.73 per share,601 shares were sold. As a result of this transaction, Edmonds Christopher Scott now holds 12,922 shares worth roughly $2.03 million.

Then, Kapani Mayur sold 5,661 shares, generating $835,503 in total proceeds. Upon selling the shares at $147.59, the Chief Technology Officer now owns 66,548 shares.

Before that, CHRISTOPHER EDMONDS bought 601 shares. Intercontinental Exchange Inc shares valued at $87,295 were divested by the Officer at a price of $145.25 per share.

Raymond James downgraded its Intercontinental Exchange Inc [ICE] rating to an Outperform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late September with a ‘”an Outperform”‘ rating. TD Cowen began covering ICE with “Buy” recommendation on September 26, 2024. Deutsche Bank revised its rating on August 02, 2024. It rated ICE as “a Hold” which previously was an “a Buy”.

Price Performance Review of ICE

On Friday, Intercontinental Exchange Inc [NYSE:ICE] saw its stock fall -0.13% to $157.47. Over the last five days, the stock has gained 4.82%. Intercontinental Exchange Inc shares have risen nearly 5.68% since the year began. Nevertheless, the stocks have risen 23.86% over the past one year. While a 52-week high of $167.99 was reached on 01/23/25, a 52-week low of $124.34 was recorded on 01/13/25. SMA at 50 days reached $153.51, while 200 days put it at $149.43.

Levels Of Support And Resistance For ICE Stock

The 24-hour chart illustrates a support level at 156.79, which if violated will result in even more drops to 156.11. On the upside, there is a resistance level at 158.05. A further resistance level may holdings at 158.63. The Relative Strength Index (RSI) on the 14-day chart is 64.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.10%. Stochastics %K at 94.02% 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 2024-12-31, dropping by -0.4 million shares to a total of 6.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.06 million shares. There was a decline of -5.93%, which implies that there is a negative sentiment for the stock.

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