Intercontinental Exchange had its Relative Strength (RS) Rating upgraded from 66 to 71 Friday — a welcome improvement, but still below the 80 or better score you prefer to see.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest runs. See if Intercontinental Exchange can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Intercontinental Exchange is now considered extended and out of buy range after clearing a 140.43 buy point in a second-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 6% earnings growth last quarter. Sales rose 25%.
Intercontinental Exchange holds the No. 21 rank among its peers in the Financial Services-Specialty industry group. Marex Group, Sezzle and Tradeweb Markets are among the top 5 highly rated stocks within the group.
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