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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Intercontinental Exchange Stock Earns RS Rating Upgrade

The Relative Strength (RS) Rating for Intercontinental Exchange stock entered a new percentile Wednesday, with an increase from 78 to 81.

IBD's proprietary rating measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.

History reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves.

Risk Management In The Stock Market: How Much Money To Invest Now

Is Intercontinental Exchange Stock A Buy?

Intercontinental Exchange stock is within a buy zone after climbing above a 140.43 buy point in a flat base. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.

EPS growth decreased last quarter from 6% to 5%, but sales rose from 12% to 13%. Look for the next report on or around Aug. 1.

Intercontinental Exchange stock earns the No. 5 rank among its peers in the Financial Services-Specialty industry group. Sezzle is the No. 1-ranked stock within the group.

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