Taking this into account, A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “a Neutral”. JMP Securities began covering IAC with “Mkt outperform” recommendation on July 09, 2024. UBS revised its rating on February 15, 2023. It rated IAC as “a Neutral” which previously was an “a Sell”.
Price Performance Review of IAC
On Monday, IAC Inc [NASDAQ:IAC] saw its stock jump 0.11% to $35.35. Over the last five days, the stock has lost -0.31%. IAC Inc shares have fallen nearly -0.54% since the year began. Nevertheless, the stocks have fallen -10.33% over the past one year. While a 52-week high of $48.02 was reached on 03/25/25, a 52-week low of $32.04 was recorded on 04/09/25. SMA at 50 days reached $40.84, while 200 days put it at $46.54.
Levels Of Support And Resistance For IAC Stock
The 24-hour chart illustrates a support level at 34.55, which if violated will result in even more drops to 33.74. On the upside, there is a resistance level at 36.16. A further resistance level may holdings at 36.96. The Relative Strength Index (RSI) on the 14-day chart is 49.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.87%. Stochastics %K at 77.53% indicates the stock is a holding.
The most recent change occurred on December 13, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $60 price target.
