In this article, we will be analyzing a specific stock using Tickeron's tools and providing our insight on whether or not it is a good investment opportunity.
The stock in question is currently trading at $49.32 USD and has a target price of $53.38 USD. The distance to the target price is only 3%, which means that it has the potential to reach its target price in the near future.
According to Tickeron's analysis, we have a 65% confidence level that the stock will reach its target price of $53.38 USD. This means that there is a reasonable chance that the stock will reach its target price and provide a return on investment for investors.
However, it's important to note that the breakout (entry) price is $51.00 USD, which means that investors should only consider entering a position if the stock price rises above this level. If the stock price does not rise above the breakout price, it could signal that the stock is not strong enough to reach its target price.
In terms of technical indicators, Tickeron's tools show bullish signs for the stock. The moving averages are trending upwards, and the Relative Strength Index (RSI) is above 50, indicating that the stock is in a bullish momentum.
According to Tickeron's technical analysis, we have a 65% level of confidence that the company will hit its $53.38 USD target price. However, investors should only enter a position if the stock price rises above the breakout price of $51.00 USD. Overall, this stock appears to be a good investment opportunity with the potential to provide a return on investment.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where IAC declined for three days, in of 302 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on April 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IAC as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for IAC turned negative on April 08, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
IAC moved below its 50-day moving average on April 02, 2024 date and that indicates a change from an upward trend to a downward trend.
The Aroon Indicator for IAC entered a downward trend on March 26, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IAC's RSI Indicator exited the oversold zone, of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IAC advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .
IAC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.756) is normal, around the industry mean (19.638). P/E Ratio (17.990) is within average values for comparable stocks, (49.308). Projected Growth (PEG Ratio) (0.772) is also within normal values, averaging (3.441). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (1.058) is also within normal values, averaging (110.312).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. IAC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. IAC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of diversified media, Internet and e-commerce services
Industry InternetSoftwareServices