ICE
Intercontinental Exchange Inc. Financial Services - Exchanges Investor Relations →
Intercontinental Exchange Inc. (ICE) closed at $169.00 as of 2026-02-02, trading 28.4% above its 200-week moving average of $131.60. The stock is currently moving closer to the line, down from 32.3% last week. With a 14-week RSI of 74, ICE is in overbought territory.
Over the past 1007 weeks of data, ICE has crossed below its 200-week moving average 15 times. On average, these episodes lasted 8 weeks. Historically, investors who bought ICE at the start of these episodes saw an average one-year return of +18.8%.
With a market cap of $96.4 billion, ICE is a large-cap stock. The company generates a free cash flow yield of 3.6%. Return on equity stands at 11.9%. The stock trades at 3.3x book value.
Share count has increased 2.3% over three years, indicating dilution.
Over the past 19.4 years, a hypothetical investment of $100 in ICE would have grown to $1207, compared to $717 for the S&P 500. That represents an annualized return of 13.7% vs 10.7% for the index — confirming ICE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 13% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: ICE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ICE Crosses Below the Line?
Across 15 historical episodes, buying ICE when it crossed below its 200-week moving average produced an average return of +17.8% after 12 months (median +20.0%), compared to +16.2% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +36.3% vs +35.8% for the index.
Each line shows $100 invested at the moment ICE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ICE has crossed below its 200-week MA 15 times with an average 1-year return of +18.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2008 | May 2009 | 47 | 46.5% | +3.0% | +831.2% |
| Jul 2009 | Nov 2009 | 17 | 18.1% | +25.9% | +1065.3% |
| Nov 2009 | Dec 2009 | 4 | 1.4% | +7.9% | +841.6% |
| Jan 2010 | Mar 2010 | 7 | 11.9% | +8.6% | +822.2% |
| Mar 2010 | Mar 2010 | 1 | 1.4% | +15.4% | +813.0% |
| Apr 2010 | Apr 2010 | 2 | 3.1% | +12.6% | +822.1% |
| Jun 2010 | Nov 2010 | 22 | 16.0% | +19.5% | +829.1% |
| Jan 2011 | Jan 2011 | 1 | 0.1% | +0.9% | +765.7% |
| Aug 2011 | Aug 2011 | 3 | 5.0% | +20.1% | +796.0% |
| May 2022 | May 2022 | 1 | 0.7% | +12.4% | +82.0% |
| Jun 2022 | Jul 2022 | 6 | 8.6% | +14.2% | +81.7% |
| Sep 2022 | Nov 2022 | 8 | 10.1% | +20.8% | +82.0% |
| Dec 2022 | Dec 2022 | 1 | 0.8% | +24.1% | +75.0% |
| Feb 2023 | Mar 2023 | 5 | 7.5% | +37.1% | +71.4% |
| Oct 2023 | Oct 2023 | 1 | 1.0% | +59.9% | +65.8% |
| Average | 8 | — | +18.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02