Jim Cramer on Intercontinental Exchange: "This Stock Has Been Steadily Collapsing Since Mid-August"

Intercontinental Exchange, Inc. (NYSE:ICE) is one of the stocks Jim Cramer recently put under a microscope. Cramer noted that the stock has been “steadily collapsing” over the last few months. He stated:

“Finally, check out the daily chart of… the Intercontinental Exchange… This stock has been steadily collapsing since mid-August. This is ugly, but Lang thinks the heavy selling has finally stopped, given that ICE seems to have stabilized over the… past week after tagging the April low… At the same time, the Relative Strength Index, the RSI, see this, it’s just coming off extremely oversold levels. Very bullish.

The MACD looks like it’s ready to cross over right here… As Lang sees it, the Intercontinental Exchange is giving you a low-risk entry point here if the stock is currently 1 cent below 152. But if it can break out above this level, he’s betting that will attract more buyers. Although this is a 2026 story, I agree with that.”

Intercontinental Exchange, Inc. (NYSE:ICE) trading, data, and technology services for financial markets and mortgages. The company’s products include exchange platforms, market data, and digital tools for mortgage processing.

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Disclosure: None. This article is originally published at Insider Monkey.