ICE Is Down 26% in 245 Days. What History Says Now.

ICE Is Down 26% in 245 Days. What History Says.

As of June 3, 2026, Intercontinental Exchange, Inc. (ICE) has reached a 26.3% drawdown from its all-time high of $187.92, triggering a move into the red zone with a Drawdown Severity Score™ of 5.4. This transition from the yellow zone marks a significant shift in the stock's risk profile, as the current sell-off has now persisted for 245 consecutive days. Our data shows that this decline is more than five times deeper than the company's historical average max drawdown of -4.7%.

Understanding the Move to the Red Zone

The move to a 5.4 Drawdown Severity Score™ indicates that the current price action is decoupling from the stock's standard volatility patterns. In our tracking of 170 total historical drawdown events for Intercontinental Exchange, Inc. (ICE), the vast majority of pullbacks have been shallow and short-lived. The average drawdown duration for this asset is typically just 40 days, making the current 245-day stretch an extreme outlier in terms of time.

When we look at the severity score, we are measuring the intensity of the current decline against every other peak-to-trough move in the stock's history. A score of 5.4 places this event in the "Strong" category, moving it out of the moderate yellow zone and into the red zone. This classification is reserved for drawdowns that exceed the typical "noise" of the market and represent a fundamental repricing of the asset over a prolonged period.

Historical Context of Major Declines

History provides a specific roadmap for how Intercontinental Exchange, Inc. (ICE) behaves when it experiences significant selling pressure. Our data indicates that the stock has dropped by 30% or more only 4 times in its entire trading history. While the current 26.3% drawdown has not yet hit that 30% threshold, it is approaching a level that has historically triggered much longer recovery cycles.

The average duration of these comparable major drops is 811 days, which is substantially longer than the current 245-day duration. It is important to note that this represents a small sample size of only 4 events. In these rare instances where the Drawdown Severity Score™ reached high levels, the path to a new all-time high was often measured in years rather than months. Investors tracking the current 26.3% decline can use these 4 historical precedents to understand that deep drawdowns for this specific ticker have historically required patience for full recovery.

Data-Driven Risk Analysis

Our analysis of Intercontinental Exchange, Inc. (ICE) relies exclusively on verified price, drawdown, severity, and duration data. We do not incorporate outside market narratives, earnings reports, or macroeconomic drivers into this scoring. By focusing strictly on the price history and drawdown mechanics, we can identify when a stock is behaving in a way that contradicts its historical norms.

The current data shows a stock that has stayed in a drawdown for 245 days, which is more than six times longer than its historical average of 40 days. This duration, combined with the 26.3% depth, is what drives the Drawdown Severity Score™ into the red zone. This objective measurement allows investors to see the current risk context without the influence of market sentiment or speculation.

What to Watch in the ICE Drawdown

Monitoring the Drawdown Severity Score™ is essential as Intercontinental Exchange, Inc. (ICE) navigates this red zone. If the drawdown depth reaches the 30% mark, it will officially join the 4 other historic sell-offs that took an average of 811 days to resolve. Conversely, a series of higher lows could begin to stabilize the severity score, though the stock remains far from its all-time high of $187.92.

We will continue to track the duration of this event. As of June 3, 2026, the stock has been falling for 245 days. If the duration continues to extend without a recovery in price, the severity score may increase even if the price remains stagnant, as time is a critical component of drawdown risk. Investors should watch for whether the stock can exit the red zone or if it continues to trend toward the historic 30% threshold.