IAC's stock price is currently trading at $49.04, with a 52-week range of $39.61 to $58.29. The stock recently crossed above a key moving average, indicating potential bullish momentum. However, the RSI_14 of 65.80 suggests the stock is approaching overbought territory, which could signal a near-term pullback.
The Fibonacci levels indicate a pivot point at $46.32, with resistance levels at $48.81 and $50.34. The stock is currently trading near the first resistance level, which could act as a barrier to further upward movement.
{FIBONACCI:symbol=IAC.O, type=0}
Spin-Off Research downgraded IAC from Buy to Hold, setting a price target of $46. This downgrade could weigh on investor sentiment in the short term. However, the stock's recent crossover above a key moving average suggests underlying strength.
Based on the technical indicators and Fibonacci levels, IAC's stock is likely to face resistance at $50.34. If the stock breaks above this level, it could test $52.84. However, if it fails to breach $50.34, it may pull back to the pivot level of $46.32.
Predicted Price for Next Trading Week: $50.34
Recommendation: Sell at $50.34, as it represents a strong resistance level.
The price of IAC is predicted to go up 6.84%, based on the high correlation periods with ATNI. The similarity of these two price pattern on the periods is 93.64%.
IAC
ATNI
JP Morgan
2025-03-21
Price Target
$60
Upside
+23.99%
Oppenheimer
2025-02-13
Price Target
$72 → $70
Upside
+45.92%
JMP Securities
2025-02-13
Price Target
$70 → $64
Upside
+33.42%