IAC/InterActiveCorp (IACI) Is Today's Strong On High Volume Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified IAC/InterActiveCorp ( IACI) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified IAC/InterActiveCorp as such a stock due to the following factors:

  • IACI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $45.3 million.
  • IACI has traded 81,759 shares today.
  • IACI is trading at 4.08 times the normal volume for the stock at this time of day.
  • IACI is trading at a new high 3.03% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in IACI with the Ticky from Trade-Ideas. See the FREE profile for IACI NOW at Trade-Ideas

More details on IACI:

If you liked this article you might like

Here Comes a $600 Billion Valuation for Amazon

11 Key Deal Makers to Watch at the Big Sun Valley Media Conference

5 Things You Must Know Before the Market Opens Wednesday

Week Ahead: Apple Earnings, Jobs Report on the Docket in Busy Start to May

What Is Marissa Mayer's Legacy at Yahoo!?