$ICE Finds An All-Time High

$ICE Finds An All-Time High

Good evening. Welcome to Trends with No Friends.

For those just joining us, here’s an overview…

Trends With No Friends sifts through the noise and discovers stocks above $1B market cap with high relative strength and low Stocktwits following.

Why is this combination important?

Stocks that are outperforming tend to continue to outperform. Stocks that have a low Stocktwits following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Stocktwits Following can really outperform as more investors discover them.

They are ripe to rip.

Every major index inched higher. The Nasdaq Composite carried +0.84% and closed at an all-time high.

Consumer discretionary dashed +1.95%. Financials flew +1.17%. Communications and consumer staples gained approx. +0.80%. Healthcare and energy were the only negative sectors.

New 52-Week Highs led New Lows — 68 vs. 47.

The Best of the Best

Intercontinental Exchange ($ICE) is the best of the best. The $80B financial market data provider propelled +2.84% and closed at an all-time high.

Here’s the daily chart.

And weekly chart.

$ICE has 2,538 followers on Stocktwits.

The Worst of the Worst

Krispy Kreme ($DNUT) is the worst of the worst. The donut shoppe dipped -4.02% and closed at an all-time low.

Here’s the daily chart.

And weak weekly chart.

$DNUT has 4,547 followers on Stocktwits.

52-Week Highs

52-Week Lows

See the spreadsheet here.

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Get In Touch

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Disclaimer: Stocktwits, Inc. (“Stocktwits”) operates the stocktwits.com website and Stocktwits mobile device applications (the “Apps”). Stocktwits is not a securities broker-dealer, investment adviser, or any other type of financial professional. No content on the Stocktwits platform should be considered an offer, solicitation of an offer, or advice to buy or sell securities or any other type of investment or financial product. Read the full terms & conditions here. 🔍

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