INTERCONTINENTAL EXCHANGE INC. - Daily - Technical analysis published on 11/06/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 111.91 USD
My targets
104.09 USD (-3.50%)
100.10 USD (-7.19%)
My analysis
INTERCONTINENTAL EXCHANGE INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 111.91 USD. The next support located at 104.09 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 100.10 USD. Below this support, sellers could then target 94.37 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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Additional analysis
Quotes
The INTERCONTINENTAL EXCHANGE INC. price is 107.86 USD. On the day, this instrument lost -0.05% and was between 107.40 USD and 108.45 USD. This implies that the price is at +0.43% from its lowest and at -0.54% from its highest.107.40
108.45
107.86
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this INTERCONTINENTAL EXCHANGE INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 100.10 | 104.09 | 107.22 | 107.86 | 111.91 | 117.90 | 125.88 |
| Change (%) | -7.19% | -3.50% | -0.59% | - | +3.75% | +9.31% | +16.71% |
| Change | -7.76 | -3.77 | -0.64 | - | +4.05 | +10.04 | +18.02 |
| Level | Minor | Major | Intermediate | - | Major | Major | Minor |
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 | 104.58 | 105.50 | 106.71 | 107.63 | 108.84 | 109.76 | 110.97 |
| Camarilla | 107.32 | 107.52 | 107.72 | 107.91 | 108.11 | 108.30 | 108.50 |
| Woodie | 104.72 | 105.57 | 106.85 | 107.70 | 108.98 | 109.83 | 111.11 |
| Fibonacci | 105.50 | 106.32 | 106.82 | 107.63 | 108.45 | 108.95 | 109.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.63 | 103.27 | 105.59 | 107.23 | 109.55 | 111.19 | 113.51 |
| Camarilla | 106.82 | 107.18 | 107.55 | 107.91 | 108.27 | 108.64 | 109.00 |
| Woodie | 101.97 | 103.44 | 105.93 | 107.40 | 109.89 | 111.36 | 113.85 |
| Fibonacci | 103.27 | 104.78 | 105.72 | 107.23 | 108.74 | 109.68 | 111.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.42 | 99.95 | 103.70 | 108.23 | 111.98 | 116.51 | 120.26 |
| Camarilla | 105.16 | 105.92 | 106.68 | 107.44 | 108.20 | 108.96 | 109.72 |
| Woodie | 95.02 | 99.76 | 103.30 | 108.04 | 111.58 | 116.32 | 119.86 |
| Fibonacci | 99.95 | 103.12 | 105.07 | 108.23 | 111.40 | 113.35 | 116.51 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.75 | |
| MACD (12,26,9): | -1.1500 | |
| Directional Movement: | -11.14 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 106.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 108.56 | |
| Elder Ray (13): | 0.22 | |
| Super Trend (3,10): | 111.66 | |
| Zig ZAG (10): | 107.69 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 34.62 | |
| TEMA (21): | 106.57 | |
| Williams %R (14): | -59.19 | |
| Chande Momentum Oscillator (20): | -1.87 | |
| Repulse (5,40,3): | 0.3600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 6.51 |
| MA7: | 106.92 | |
| MA20: | 108.61 | |
| MA50: | 111.37 | |
| MA100: | 112.50 | |
| MAexp7: | 107.41 | |
| MAexp20: | 108.29 | |
| MAexp50: | 110.16 | |
| MAexp100: | 110.62 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | -0.69% | |
| Price / MA50: | -3.15% | |
| Price / MA100: | -4.12% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -2.09% | |
| Price / MAexp100: | -2.50% |
Quotes :
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15 min delayed data
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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:
- 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
- Intercontinental Exchange Reports July 2023 Statistics
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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