Intercontinental Exchange had its Relative Strength (RS) Rating upgraded from 66 to 74 Tuesday — a welcome improvement, but still shy of the 80 or higher score you look for.
IBD's unique rating tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their largest price moves. See if Intercontinental Exchange can continue to show renewed price strength and clear that threshold.
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Intercontinental Exchange is trying to complete a cup without handle with a 167.99 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Intercontinental Exchange reported 6% EPS growth in its most recent report. Sales gains came in at 25%. Keep an eye out for the company's next round of numbers on or around Feb. 6.
Intercontinental Exchange earns the No. 10 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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