INTERCONTINENTAL EXCHANGE INC. - Daily - Technical analysis published on 04/19/2024 (GMT)
- 88
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Bearish under 134.52 USD
My targets
128.15 USD (-2.10%)
117.20 USD (-10.47%)
My analysis
The strong short-term decline in INTERCONTINENTAL EXCHANGE INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 134.52 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 128.15 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 117.20 USD as an objective. Crossing it would then enable sellers to target 112.22 USD. Be careful, a return to above 134.52 USD could jeopardize the reversal.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INTERCONTINENTAL EXCHANGE INC. rating 130.90 USD. The price is lower by -0.06% since the last closing and was traded between 130.70 USD and 131.78 USD over the period. The price is currently at +0.15% from its lowest and -0.67% from its highest.130.70
131.78
130.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this INTERCONTINENTAL EXCHANGE INC. chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 112.22 | 117.20 | 128.15 | 130.90 | 134.52 | 138.98 |
| Change (%) | -14.27% | -10.47% | -2.10% | - | +2.77% | +6.17% |
| Change | -18.68 | -13.70 | -2.75 | - | +3.62 | +8.08 |
| Level | Intermediate | Major | Minor | - | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.95 | 129.57 | 130.27 | 130.89 | 131.59 | 132.21 | 132.91 |
| Camarilla | 130.62 | 130.74 | 130.86 | 130.98 | 131.10 | 131.22 | 131.34 |
| Woodie | 129.00 | 129.59 | 130.32 | 130.91 | 131.64 | 132.23 | 132.96 |
| Fibonacci | 129.57 | 130.07 | 130.38 | 130.89 | 131.39 | 131.70 | 132.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 125.33 | 128.84 | 131.19 | 134.70 | 137.05 | 140.56 | 142.91 |
| Camarilla | 131.94 | 132.48 | 133.01 | 133.55 | 134.09 | 134.62 | 135.16 |
| Woodie | 124.76 | 128.55 | 130.62 | 134.41 | 136.48 | 140.27 | 142.34 |
| Fibonacci | 128.84 | 131.08 | 132.46 | 134.70 | 136.94 | 138.32 | 140.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.56 | 131.36 | 134.39 | 137.19 | 140.22 | 143.02 | 146.05 |
| Camarilla | 135.83 | 136.36 | 136.90 | 137.43 | 137.96 | 138.50 | 139.03 |
| Woodie | 128.69 | 131.42 | 134.52 | 137.25 | 140.35 | 143.08 | 146.18 |
| Fibonacci | 131.36 | 133.58 | 134.96 | 137.19 | 139.41 | 140.79 | 143.02 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.43 | |
| MACD (12,26,9): | -1.4000 | |
| Directional Movement: | -9.41 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 132.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 135.10 | |
| Elder Ray (13): | -1.64 | |
| Super Trend (3,10): | 137.18 | |
| Zig ZAG (10): | 130.81 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 14.91 | |
| TEMA (21): | 130.47 | |
| Williams %R (14): | -84.80 | |
| Chande Momentum Oscillator (20): | -6.51 | |
| Repulse (5,40,3): | -2.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 7.92 |
| MA7: | 131.44 | |
| MA20: | 134.75 | |
| MA50: | 135.96 | |
| MA100: | 129.46 | |
| MAexp7: | 131.67 | |
| MAexp20: | 133.75 | |
| MAexp50: | 133.52 | |
| MAexp100: | 129.47 | |
| Price / MA7: | -0.41% | |
| Price / MA20: | -2.86% | |
| Price / MA50: | -3.72% | |
| Price / MA100: | +1.11% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | -2.13% | |
| Price / MAexp50: | -1.96% | |
| Price / MAexp100: | +1.10% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
Don't forget to follow the news on INTERCONTINENTAL EXCHANGE INC.. At the time of publication of this analysis, the latest news was as follows:
- Intercontinental Exchange Chair & CEO Jeffrey C. Sprecher to Present at the Goldman Sachs U.S. Financial Services Conference on December 5
- ICE First Look at Monthly Mortgage Performance: Delinquencies Rose in September While Foreclosure Activity Remained Muted
- Black Knight: As Home Prices Set Yet Another Record in August, Pushing Annual Growth Rate Sharply Higher, Small but Active Cash-Out Refinance Market Defies Traditional Analysis
- ICE Announces Record Trading Activity in Dubai and Murban Crude As Participants Utilize ICE’s Global Oil Complex to Manage Crude Flows
- Intercontinental Exchange, Black Knight and the Federal Trade Commission Jointly Agree to Dismiss Federal Court Case, Pending Settlement Negotiations
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis INTERCONTINENTAL EXCHANGE INC. - Daily