IntercontinentalExchange Group (ICE) Is Today's Unusual Social Activity Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified IntercontinentalExchange Group ( ICE) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified IntercontinentalExchange Group as such a stock due to the following factors:

  • ICE has 11x the normal benchmarked social activity for this time of the day compared to its average of 1.61 mentions/day.
  • ICE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $161.0 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ICE with the Ticky from Trade-Ideas. See the FREE profile for ICE NOW at Trade-Ideas

More details on ICE:

IntercontinentalExchange Group, Inc. operates a network of regulated exchanges and clearing houses for financial and commodity markets in the United States, the United Kingdom, Continental Europe, and Canada.

The average volume for IntercontinentalExchange Group has been 967,000 shares per day over the past 30 days. IntercontinentalExchange Group has a market cap of $24.7 billion and is part of the financial sector and financial services industry.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
null

If you liked this article you might like

How About a Pop on ICE?

JPM's North America Head of M&A Talks Deals and How to Bring In More Women

JPM Head of North America M&A: How to Super-Charge the M&A Market

With $150 Trillion at Stake, Tainted Libor Benchmark Won't Die Quickly

ICE Is Cool Under Pressure