Clear Danger Signs On The Horizon? – HSBC Holdings plc (HSBC), Intercontinental Exchange, Inc. (ICE)?

HSBC Holdings plc (NYSE:HSBC) 14-day RSI (relative strength index) score is 43.2, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 27.22 percent, which is high when compared to that of the 50-day’s 24.97 percent. The first technical resistance point for the stock will likely come at $41.49, marking a 1.16% premium to the current level. The second resistance point is at $41.96, about 2.26% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $39.1, the lower end of the range. HSBC’s 14-day MACD is -0.01 and this negative figure indicates a downward trading trend.

HSBC Holdings plc (HSBC) trade volume has increased by 107.62% as around 5,616,368 shares were sold when compared with its 50-day average volume of traded shares which is 2,705,106. At the moment, HSBC is witnessing a downtrend, as it is trading -2.77% below its 20-day SMA, -2.58% below its 50-day SMA, and -11.54% below its 200-day SMA. The company runs an ROE of roughly 8%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the -5.8% decrease witnessed over the past five years.

The last few days have been rough for HSBC Holdings plc (NYSE:HSBC), as its price has decreased by -5.22% during the week. It has also performed poorly over the past three months, as it lost around -5.29% while it has so far retreated around -16.44% during the course of a year. The price of the stock went down by -$1.54 now trading at $41.01. Their shares witnessed a 7.27% increase from the 52-week low price of $38.23 they recorded on 2018-10-26. Even though it is still -36.28% behind the $55.89 high touched on 2018-01-24. The stock of HSBC recorded -20.58% downtrend from the beginning of this year till date. The 12-month potential price target for HSBC Holdings plc is set at $49.65. This target means that the stock has an upside potential to increase by 21.07% from the current trading price.

When giving their opinion, around 100% of Wall Street analysts, which represents 1 out of 1 rated the stock as a Buy. 0 brokerage firms of the remaining 0% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate HSBC shares held by institutional investors represents 2.6% of total shares. 49 institutions entered new HSBC Holdings plc (NYSE:HSBC) positions, 163 added to their existing positions in these shares, 215 lowered their positions, and 58 exited their positions entirely.

The shares of Intercontinental Exchange, Inc. (NYSE:ICE) has increased by 0.18%, and now trading at $79.26 on the Wall Street in the intra-day deal, with their shares traded now around 4,940,618. This is a rise of 1,636,270 shares over the average 3,304,348 shares that were traded daily over the last three months. The stock that is trading at $79.26 went higher by 18.44% from its 52-week low of $66.92 that it attained back on 2018-02-09. The stock recorded a 52-week high of $82.65 nearly 4 days ago on 2018-12-03.

ICE stock has performed well over the past 30 days, as it added 1.33% while its price climbed by 12.33% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -2.94% over the last week. The stock’s 12-month potential target price is now at $86.97. This means that the stock price might likely increase by 9.73% from its current trading price.14 out of 17 Wall Street analysts which represents 82.35% rated the stock as a buy while the remaining 17.65 rated it as a hold, with 0 of analysts rating it as a sell.

Intercontinental Exchange, Inc. (NYSE:ICE) has been utilizing an ROE that is roughly 15.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 13.81% per year, following the 14.4% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.85% below its 20-day SMA, 3.17% above its 50-day SMA, and 6.29% above its 200-day SMA. In percentage terms, the aggregate Intercontinental Exchange, Inc. shares held by institutional investors is 92%. 67 institutions jumped in to acquire Intercontinental Exchange, Inc. (ICE) fresh stake, 332 added to their current holdings in these shares, 417 lowered their positions, and 49 left no stake in the company.

The stock’s 9-day MACD is -0.68 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 45.91, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 19.79 percent, which is less when compared to that of the 50-day’s 22.65 percent. On the daily chart, we see that the stock could reach the first level of resistance at $79.88, sporting a 0.78% premium to the current level. The next resistance point is at $80.5, representing nearly 1.54% premium to the current market price of Intercontinental Exchange, Inc. (ICE). On the other hand, failure to breach the immediate hurdles can drag it down to $77.36, the lower end of the range.