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Intercontinental Exchange Inc (ICE) Stock: What Does the Chart Say Friday?

Friday, September 17, 2021 01:56 PM | InvestorsObserver Analysts

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Intercontinental Exchange Inc (ICE) Stock: What Does the Chart Say Friday?

Overall market sentiment has been neutral on Intercontinental Exchange Inc (ICE) stock lately. ICE receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Intercontinental Exchange Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on ICE!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ICE Stock Today?

Intercontinental Exchange Inc (ICE) stock is trading at $117.43 as of 1:55 PM on Friday, Sep 17, a decline of -$1.48, or -1.24% from the previous closing price of $118.91. The stock has traded between $117.29 and $118.74 so far today. Volume today is 1,516,511 compared to average volume of 1,832,544. To screen for more stocks like Intercontinental Exchange Inc click here.

More About Intercontinental Exchange Inc

Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 55% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (18% of net revenue) and fixed-income and data-services segment (27% of net revenue). Click Here to get the full Stock Report for Intercontinental Exchange Inc stock.

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