|
|
Advanced TA SearchArchive
- 4/5/2024 -
Sign In to see current Signals. |
IntercontinentalExchange Inc. (ICE) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third consecutive positive week for the IntercontinentalExchange Inc. (ICE). During the week, the ICE climbed 0.44 points, or 0.32%, and closed at 137.87 on Friday, April 5, 2024. Weekly volume was -10% below average.
ICE is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ICE long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 88.60 and reached 140.43 on March 7, 2024. ICE gained -51.83 points, or -58.50%, in 73 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (108.72) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See ICE medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 104.49 and reached 140.43 on March 7, 2024. ICE gained -35.94 points, or -34.40%, in 18 weeks. The price is now at the 7.12% retracement level.
 Weekly Technical Indicators: [See ICE weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since December 8, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See ICE short-term trend chart]
A short-term uptrend had started on March 25, 2024 at 135.26 and reached 138.87 on April 4, 2024. ICE gained -3.61 points, or -2.67%, in 10 days. The price is now at the 27.70% retracement level.
 Daily Technical Indicators: [See ICE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 29, 2024. The distance between MACD and the signal line is low and getting smaller.
The distance between the Bollinger Bands (3.16%) is close to one year low (2.99%). It is 57.43% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|