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.
IAC saw its Momentum Indicator move below the 0 level on October 23, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 81 similar instances where the indicator turned negative. In of the 81 cases, the stock moved further down in the following days. The odds of a decline are at .
The 10-day RSI Indicator for IAC moved out of overbought territory on September 20, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where IAC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for IAC turned negative on October 22, 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 48 similar instances when the indicator turned negative. In of the 48 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 October 23, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IAC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The 50-day moving average for IAC moved above the 200-day moving average on September 24, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IAC advanced for three days, in of 303 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 (11.001). P/E Ratio (17.990) is within average values for comparable stocks, (49.688). 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 (19.424).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. IAC’s price grows at a higher 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 90, 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