Shares of Intercontinental Exchange (ICE) Sees Large Outflow of Money

Intercontinental Exchange (ICE): The stock had negative money flow to the tune of ($1.14 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.23 million, whereas, the outflow of money on downticks was $2.37 million and the ratio between the two was 0.52. The block trade had a negative net money flow of ($0 million). On the other hand, downticks amounted to $0 million of the traded value, which shows distribution in the stock by traders. Intercontinental Exchange (ICE) closed with marginal gains of 54 cents to end the day at $255.42, an increase of 0.21% over the previous days close. The stock recorded 1.06% for the week.


Intercontinental Exchange (ICE) : The highest short term price target forecast on Intercontinental Exchange (ICE) is $300 and the lowest target price is $255. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $286 with a standard deviation of $15.89. The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 1.12%.

Intercontinental Exchange (NYSE:ICE): The stock opened at $254.84 on Thursday but the bulls could not build on the opening and the stock topped out at $255.98 for the day. The stock traded down to $251.33 during the day, due to lack of any buying support eventually closed down at $253.96 with a loss of -0.36% for the day. The stock had closed at $254.88 on the previous day. The total traded volume was 668,918 shares.

Intercontinental Exchange, Inc. (ICE) is a global operator of regulated exchanges, clearing houses and data services for financial and commodity markets. The Company operates marketplaces for trading and clearing an array of securities and derivatives contracts across asset classes, including energy and agricultural commodities, equities and equity derivatives, among others. Its regulated exchanges include futures exchanges in the United States, United Kingdom, Canada, Singapore and Europe, three securities exchanges and two equity options exchanges. The Company also operates over-the-counter (OTC), markets for physical energy and credit default swaps (CDS). Its products and services include Regulated Energy Futures Contracts, Regulated Agricultural Futures Contracts, Regulated Financial Futures Contracts, Securities Products and Listings, Credit Derivatives Products, OTC Energy Products, ICE Data Services and New York Stock Exchange (NYSE) Data Services.

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