TMCNet:  Technical Roundup on Internet Software and Services Stocks -- Snap, GoDaddy, SINA, and Angie's

[April 11, 2017]

Technical Roundup on Internet Software and Services Stocks -- Snap, GoDaddy, SINA, and Angie's

NEW YORK, April 11, 2017 /PRNewswire/ --

Today,'s research directs investors' attention of to Snap Inc. (NYSE: SNAP), GoDaddy Inc. (NYSE: GDDY), SINA Corp. (NASDAQ: SINA), and Angie's List Inc. (NASDAQ: ANGI). According to FactSet, Technology stocks have shown the second highest year-over-year revenue growth of +7.8% during the first quarter in 2017, with the strongest sub-sectors being Internet Software and Services (+25%) and Semiconductors & Equipment (+19%). Sign up today and download for free the research reports for the stocks covered today at:

Snap Inc.

Venice, California headquartered Snap Inc.'s stock finished Monday's session 0.72% higher at $20.97. A total volume of 8.61 million shares was traded. Shares of the Company, which operates as a camera Company, are trading 4.71% below their 50-day moving average.  

On April 04th, 2017, research firm BTIG Research initiated a 'Neutral' rating on the Company's stock. SNAP complete research report is just a click away at:


On Monday, shares in Scottsdale, Arizona headquartered GoDaddy Inc. recorded a trading volume of 560,691 shares. The stock ended the session 1.02% lower at $36.94. The Company's shares have advanced 0.98% in the last one month, 4.41% in the previous three months, and 5.69% on an YTD basis. The stock is trading 0.75% above its 50-day moving average and 7.52% above its 200-day moving average. Moreover, shares of GoDaddy, which designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the US and internationally, have an RSI of 50.53.

On March 29th, 2017, research firm Barclays initiated an 'Overweight' rating on the Company's stock, with a target price of $45 per share.

On April 03rd, 2017, GoDaddy announced the completion of its acquisition of Host Europe Group. GoDaddy is now a market leader in Europe for small business cloud services. The complimentary report on GDDY can be downloaded at:

SINA Corp. 

Shanghai, the People's Republic of China headquartered SINA Corp.'s shares closed the day 0.76% higher at $71.14. The stock recorded a trading volume of 1.04 million shares, which was above its three months average volume of 713,730 shares. The Company's shares have gained 2.71% in the last month, 5.99% over the previous three month, and 17.03% on an YTD basis. The stock is trading 3.10% above its 200-day moving average. Additionally, shares of SINA, which through its subsidiaries, operates as an online media company in the People's Republic of China, have an RSI of 46.99. Sign up for your complimentary report on SINA at:


Shares in Indianapolis, Indiana headquartered Angie's List Inc. finished 0.36% higher at $5.61 with a total trading volume of 226,536 shares. The stock is trading below its 50-day moving average by 4.07%. Shares of the Company, which operates a local services consumer review service and e-commerce marketplace in the US, have an RSI of 44.84.

On April 03rd, 2017, Angie's List announced that it is making it easier than ever for homeowners to find high quality, home-improvement pros at a fair price. Distinctive badges have been added to the business profiles of companies that have earned the 2016 Angie's List annual Super Service Award. The award is a coveted recognition for home-service pros that have demonstrated commitment to superior customer service to the Company's members in the last year. Download the research report for free on ANGI at:


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