Intercontinental Exchange, Inc. (NYSE:ICE) closed at $76.13 after seeing 2608263 shares trade hands during the most recent session. This represents a change of 0.22% from the opening. The shares have moved -1.53% on the week.
Investors may be digging through all of the most recent earnings report trying to locate a few names that are poised to make a run. Investors often take notice when a company beats or misses analyst projections by a wide margin. Once identifying these stocks, investors may want to look back at earnings history over the past few quarters. While one or two sub-par quarters may not be a legitimate cause for alarm, a long string of underperformance may be worth looking into. On the flip side, one or two great quarters may not be telling the complete picture either. Going behind the curtain and investigating the numbers may help the investor locate the next batch of stocks to add to the portfolio.
The investing community is always using the terms bulls and bears. They are terms used to label market trends. Upward trends are considered bullish while downward trends are considered bearish. The overall market trend has been bullish for a long period of time. Trends can be long-term, short-term, or intermediate. These terms are used universally and may apply to entire markets or specific stocks. While there is money to be made in bull and bear markets, investors may want to concoct a stock strategy that will perform well during any conditions. Investors who are successful throughout any market conditions are typically highly focused, disciplined, and consistent with their trading maneuvers. Whether optimism or pessimism rules the sentiment, investors need to be able to capitalize when the time comes.
As most investors realize, markets will trade in cycles. This being the case, most investors will likely experience extremes of both bull and bear markets during their investing tenure. A big factor in scooping up profits during bull or bear markets is having the ability to identify when markets are beginning to peak or bottom out. This is obviously no easy task even for the most experienced investor. Certain types of stock investment strategies may do better during different market conditions. Professional traders may use highly complex systems in order to spot market opportunities. Novice investors who are just starting out may use simple strategies at first. Choosing a stock picking strategy that is tailored to fit the individual investor’s goals and financial situation may be a good way to create a solid base from which to start from. With the proper amount of research and discipline, the novice investor can begin to make the transition into becoming a skilled investor.
Let’s take a look at how the stock has been performing recently. Year to date Intercontinental Exchange, Inc. (NYSE:ICE) is 1.06%, -4.78% over the last quarter, and 3.90% for the past six months.
Over the past 50 days, Intercontinental Exchange, Inc. stock’s -7.89% off of the high and 9.24% removed from the low. Their 52-Week High and Low are noted here. -7.89% (High), 12.45%, (Low).
Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.
Intercontinental Exchange, Inc. (NYSE:ICE)’s RSI (Relative Strength Index) is 50.44. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
Investors are constantly searching for quality stocks to help provide a boost to the portfolio. Quality can come in various forms such as a company that is a sales leader in a market that is growing or a company that is a technological leader with a proven record of success. Finding quality stocks at a bargain price is typically on the agenda for most investors. Because the economy and the stock market do not always go hand in hand, it may be important to analyze individual stocks. Some investors may choose to buy when the market is going up and sell when the market is going down. Other investors will opt to do the exact opposite. Whether the investor is going with the trend or against it, it can be important to make sure that the right types of stocks are in the portfolio. Nobody can exactly predict the future, but staying on top of portfolio holdings may help when the necessary decisions need to be made.
Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.