On January 20, 2023, 10:00 p.m., Intercontinental Exchange is trading at USD 107.67 on its home stock exchange in New York. Intercontinental Exchange belongs to the “Diversified Financials” segment.
How Intercontinental Exchange is currently to be assessed results from a multi-stage analysis. We have selected 8 categories, each of which leads to the result “Buy”, “Hold” or “Sell”. These results are finally consolidated into the overall result.
1. Investors: Investor sentiment is based on discussions and interactions by market participants on social media related to the stock market. The Intercontinental Exchange has been discussed particularly positively over the past two weeks. On 11 days the discussion was mainly characterized by positive topics, while on one day negative communication predominated. Currently, during the past one or two days, it is also mainly positive topics that investors are interested in. Due to this mood picture, the stock gets a “buy” rating today. More in-depth and automatic analyzes of the communication have shown that “sell” signals have been in the foreground in recent times. This gives Intercontinental Exchange an overall “Buy” rating based on the Investor Sentiment Barometer.
2. Relative Strength Index: The Relative Strength Index (or RSI for short) compares the ups and downs of an underlying asset over time, making it a good indicator of overbought or underbought stocks. The RSI for the last 7 days for the Intercontinental Exchange stock has a value of 26.96. On this basis, the stock is oversold and receives a “buy” rating. We now compare the 7-day RSI to the value of the 25-day RSI (41.99). On this basis, Intercontinental Exchange is neither overbought nor oversold, as opposed to the last 7 trading days RSI. The deviating rating of the stock for the 25-day RSI is therefore a “hold” rating. Overall, the RSI rating therefore gives Intercontinental Exchange a “buy” rating.
3. Industry comparison Stock price: Compared to the average annual performance of stocks from the same sector (“financials”), Intercontinental Exchange is more than 34 percent below with a return of -20.08 percent. The “capital markets” sector achieved an average return of 14.42 percent over the past 12 months. Here, too, the Intercontinental Exchange is significantly lower at 34.5 percent. The stock’s performance over the past year results in a “Sell” rating in this category.
Buy, Hold or Sell Intercontinental Exchange?
How will Intercontinental Exchange develop now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest Intercontinental Exchange analysis.