Angi Inc. Shares Extend Decline as Selling Pressure Prevails

Angi Inc. shares concluded the trading week with significant losses, erasing the brief gains from earlier sessions. Following a period of heightened volatility, the stock closed Friday's session at $13.28.

Investors navigated a week of contrasting movements for the home services platform's equity. The period began with a 4.24% pullback, pushing the share price to $13.32. A subsequent recovery unfolded on Tuesday and Wednesday, with the stock advancing 1.80% and 4.28%, respectively. This rally culminated in a Wednesday close at $14.14. However, the positive trend reversed in the latter half of the week. Thursday saw a decline of 3.75%, which was followed by further selling pressure on Friday. Measured against the prior Friday's closing price of $13.91, the stock registered a weekly loss of approximately 4.5%.

Key $14 Level Rejected

Friday's trading session solidified the negative weekly trajectory. Opening near $13.80, the shares failed to find support and proceeded to lose 2.42% by the market's close. The day's range, with a low of $13.19 and a high of $13.90, indicated that early buying attempts were ultimately overwhelmed by sustained selling. This price action represents a clear rejection at the critical $14 threshold, a level that had been briefly breached mid-week. The inability to maintain footing above this point underscores persistent investor willingness to sell at higher price levels.

Should investors sell immediately? Or is it worth buying Angi Homeservices?

Technical Perspective and Forward Look

The current technical landscape highlights a clear battle for directional control. Immediate resistance continues to hold at the $14 mark. The weekly low of $13.19 now serves as a crucial support level. A sustained break below this point could pave the way for a test of the psychologically significant $13 level.

Market experts suggest that for a meaningful trend reversal to gain credibility, shares would first need to reclaim the $13.60 zone. As an independent entity following its separation from IAC in April 2025, Angi Inc. remains under heightened scrutiny from shareholders, a factor that continues to amplify weekly price volatility.