INTERCONTINENTAL EXCHANGE INC. - Daily - Technical analysis published on 08/22/2024 (GMT)
- 143
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 151.56 USD
My targets
163.63 USD (+3.53%)
174.31 USD (+10.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INTERCONTINENTAL EXCHANGE INC. as long as the price remains well above 151.56 USD. The buyers' bullish objective is set at 163.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 174.31 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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
The INTERCONTINENTAL EXCHANGE INC. price is 158.05 USD. The price registered a decrease of -0.04% on the session with the lowest point at 157.40 USD and the highest point at 158.45 USD. The deviation from the price is +0.41% for the low point and -0.25% for the high point.157.40
158.45
158.05
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of INTERCONTINENTAL EXCHANGE INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 134.08 | 138.41 | 151.56 | 158.05 |
| Change (%) | -15.17% | -12.43% | -4.11% | - |
| Change | -23.97 | -19.64 | -6.49 | - |
| Level | Major | Major | Intermediate | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 155.73 | 156.34 | 157.23 | 157.84 | 158.73 | 159.34 | 160.23 |
| Camarilla | 157.70 | 157.84 | 157.97 | 158.11 | 158.25 | 158.39 | 158.52 |
| Woodie | 155.86 | 156.41 | 157.36 | 157.91 | 158.86 | 159.41 | 160.36 |
| Fibonacci | 156.34 | 156.92 | 157.27 | 157.84 | 158.42 | 158.77 | 159.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.57 | 151.22 | 153.88 | 155.53 | 158.19 | 159.84 | 162.50 |
| Camarilla | 155.36 | 155.75 | 156.15 | 156.54 | 156.94 | 157.33 | 157.73 |
| Woodie | 150.08 | 151.47 | 154.39 | 155.78 | 158.70 | 160.09 | 163.01 |
| Fibonacci | 151.22 | 152.87 | 153.88 | 155.53 | 157.18 | 158.19 | 159.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.18 | 130.21 | 140.89 | 146.92 | 157.60 | 163.63 | 174.31 |
| Camarilla | 146.97 | 148.50 | 150.03 | 151.56 | 153.09 | 154.62 | 156.16 |
| Woodie | 126.50 | 131.37 | 143.21 | 148.08 | 159.92 | 164.79 | 176.63 |
| Fibonacci | 130.21 | 136.60 | 140.54 | 146.92 | 153.31 | 157.25 | 163.63 |
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): | 78.19 | |
| MACD (12,26,9): | 3.2100 | |
| Directional Movement: | 15.81 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 158.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 153.78 | |
| Elder Ray (13): | 2.47 | |
| Super Trend (3,10): | 151.80 | |
| Zig ZAG (10): | 158.40 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 98.51 | |
| TEMA (21): | 158.50 | |
| Williams %R (14): | -0.59 | |
| Chande Momentum Oscillator (20): | 7.88 | |
| Repulse (5,40,3): | 1.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 8.69 |
| MA7: | 157.09 | |
| MA20: | 153.62 | |
| MA50: | 146.67 | |
| MA100: | 139.97 | |
| MAexp7: | 156.98 | |
| MAexp20: | 153.81 | |
| MAexp50: | 148.14 | |
| MAexp100: | 142.21 | |
| Price / MA7: | +0.61% | |
| Price / MA20: | +2.88% | |
| Price / MA50: | +7.76% | |
| Price / MA100: | +12.92% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +2.76% | |
| Price / MAexp50: | +6.69% | |
| Price / MAexp100: | +11.14% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on INTERCONTINENTAL EXCHANGE INC. at the time of the analysis were as follows:
- ICE Whitepaper Reveals Hidden Cost of Mortgage Fee Cures
- 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
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