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published in Blogs
Apr 29, 2023

IAC, ($51.77) Triple Bottoms (Bullish Pattern)

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.

Related Ticker: IAC

IAC's Indicator enters downward trend

The Aroon Indicator for IAC entered a downward trend on September 21, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 207 similar instances where the Aroon Indicator formed such a pattern. In of the 207 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on IAC as a result. In of 82 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 September 25, 2023. 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 .

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 .

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 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 Uptrend is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IAC advanced for three days, in of 310 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.

Fundamental Analysis (Ratings)

Fear & Greed

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 (0.703) is normal, around the industry mean (17.316). P/E Ratio (17.953) is within average values for comparable stocks, (41.718). Projected Growth (PEG Ratio) (0.772) is also within normal values, averaging (3.545). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (0.914) is also within normal values, averaging (8.575).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average 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 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 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 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 92, placing this stock worse than average.

Notable companies

The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Baidu (NASDAQ:BIDU), Spotify Technology SA (NYSE:SPOT), Pinterest (NYSE:PINS), Snap (NYSE:SNAP), Tencent Music Entertainment Group (NYSE:TME), Twilio (NYSE:TWLO), Zillow Group (NASDAQ:Z).

Industry description

Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.

Market Cap

The average market capitalization across the Internet Software/Services Industry is 49.09B. The market cap for tickers in the group ranges from 1.11K to 1.66T. GOOGL holds the highest valuation in this group at 1.66T. The lowest valued company is MSEZ at 1.11K.

High and low price notable news

The average weekly price growth across all stocks in the Internet Software/Services Industry was -2%. For the same Industry, the average monthly price growth was 3,957%, and the average quarterly price growth was 3,544%. QTTOY experienced the highest price growth at 82%, while FMHS experienced the biggest fall at -52%.

Volume

The average weekly volume growth across all stocks in the Internet Software/Services Industry was -5%. For the same stocks of the Industry, the average monthly volume growth was -4% and the average quarterly volume growth was -17%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 43
P/E Growth Rating: 74
Price Growth Rating: 66
SMR Rating: 80
Profit Risk Rating: 92
Seasonality Score: -17 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of diversified media, Internet and e-commerce services

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
555 West 18th Street
Phone
+1 212 314-7300
Employees
11000
Web
https://www.iac.com
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IAC and

Correlation & Price change

A.I.dvisor indicates that over the last year, IAC has been loosely correlated with ANGI. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if IAC jumps, then ANGI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IAC
1D Price
Change %
IAC100%
-0.14%
ANGI - IAC
63%
Loosely correlated
-3.59%
KIND - IAC
57%
Loosely correlated
-1.66%
MTCH - IAC
52%
Loosely correlated
-1.43%
ZG - IAC
52%
Loosely correlated
-0.41%
Z - IAC
48%
Loosely correlated
-0.24%
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