IAC/InterActiveCorp (IAC): Price Now Near $239.33; Daily Chart Shows An Uptrend on 100 Day Basis

The Hourly View for IAC

At the time of this writing, IAC’s price is up $5.78 (2.48%) from the hour prior. This is the 2nd hour in a row IAC has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

IAC’s Technical Outlook on the Daily Chart

At the moment, IAC’s price is up $0.79 (0.33%) from the day prior. This move is a reversal from the day prior, which saw price move down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows IAC’s price action over the past 90 days.

For IAC News Traders

News traders keeping an eye on IAC may find value in this recent story:

IAC to Attend 2021 Truist Securities Technology, Internet & Services Conference

IAC (NASDAQ: IAC), will attend the 2021 Truist Securities Technology, Internet & Services Conference on Wednesday, March 10, 2021. Glenn Schiffman, Chief Financial Officer of IAC, will participate in a fireside chat at 8:00 a.m. ET. A live webcast will be available to the public at https://ir.iac.com/.

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The post IAC/InterActiveCorp (IAC): Price Now Near $239.33; Daily Chart Shows An Uptrend on 100 Day Basis appeared first on ETF Daily News.