Intercontinental's most recent trend suggests a bearish bias. One trading opportunity on Intercontinental is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 5.26% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Intercontinental is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Intercontinental is bearish.
The RSI indicator is at 20.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Intercontinental
KB Securities Selects ICE Index for KB Leverage FANG Plus ETN(H)
Wed, 20 Apr 2022 23:30:00 +0000
ATLANTA, NEW YORK & HONG KONG, April 20, 2022–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that KB Securities has selected the NYSE FANG+® Daily 2x Leveraged Index (Interest Rate Adjusted Total Return) for its KB Leverage FANG Plus ETN(H).
Nasdaq (NDAQ) Beats on Q1 Earnings, Tweaks Expense View
Wed, 20 Apr 2022 14:37:02 +0000
Nasdaq's (NDAQ) Q1 performance reflect solid results at the Solutions segment.
Why the Earnings Surprise Streak Could Continue for ICE (ICE)
Tue, 19 Apr 2022 16:10:04 +0000
ICE (ICE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
ICE Launches Data Solution for EU Sustainable Finance Disclosure Regulation
Thu, 14 Apr 2022 12:30:00 +0000
ATLANTA & LONDON, April 14, 2022–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of a data solution for the European Union Sustainable Finance Disclosure Regulation (EU SFDR).
Oil Prices Reclaim $100 a Barrel as Shanghai Eases Lockdowns
Tue, 12 Apr 2022 15:58:33 +0000
By Yasin Ebrahim
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