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Bullish Moving Average Cross by Intercontinental (ICE)

By David Diaz

Today, shares of Intercontinental (NYSE:ICE) have advanced above their 10-day MA of $92.27 on a volume of 656K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Intercontinental share prices have moved between a 52-week high of $95.55 and a 52-week low of $69.69 and are now trading 33% above that low price at $92.52 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Intercontinental and will alert subscribers who have ICE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses intercontinental

Ticker(s): ICE