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

Intercontinental Exchange (ICE) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.24 million) and the uptick to downtick ratio was 0.72. The transaction value on upticks was $3.16 million and on downticks, the transaction value was $4.4 million. The transaction value of block trades during downticks was $0.1 million. The money flow was negative ($0.1 million), indicating the traders were booking profit on the price strength. Intercontinental Exchange (ICE) rose $2.35 at $261.93, during intraday Thursday , a rise of 0.91% over the previous days close.


The stock has recorded a 20-day Moving Average of 3.46% and the 50-Day Moving Average is 1.59%. Shares have rallied 13.14% from its 1 Year high price. On May 31, 2016, the shares registered one year high at $271.95 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $259.05 and the 200 Day Moving Average price is recorded at $248.45.

Intercontinental Exchange (NYSE:ICE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $262.00 and $260.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $262.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $262.54, notching a gain of 1.14% for the day. The total traded volume was 395,583 . The stock had closed at $259.58 on the previous day.

In an insider trading activity, Vice Charles A, officer (President&Chief Op. Officer) of Intercontinental Exchange, Inc., unloaded 2,000 shares at an average price of $253.97 on July 6, 2016. The total amount of the transaction was worth $507,940, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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