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Rovi Corp. Breaks Below 200-Day Moving Average - Bearish for ROVI

By Market News Video Staff, Monday, June 27, 5:13 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Rovi Corp. (NASDAQ:ROVI) crossed below their 200 day moving average of $54.91, changing hands as low as $54.39 per share. Rovi Corp. shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of ROVI shares, versus its 200 day moving average:

Rovi Corp. 200 Day Moving Average Chart

Looking at the chart above, ROVI's low point in its 52 week range is $36.78 per share, with $69.50 as the 52 week high point — that compares with a last trade of $55.90.

According to the ETF Finder at ETF Channel, ROVI makes up 2.47% of the iShares S&P North American Technology-Software Index Fund ETF (AMEX:IGV) which is trading higher by about 1.6% on the day Monday.

     See what other ETFs contain ROVI »
     See what other stocks are held by IGV »

ROVI operates in the Application Software sector, among companies like JDA Software Group Inc. (NASDAQ:JDAS) which is up about 0.9% today, and Take-Two Interactive Software, Inc. (NASDAQ:TTWO) trading higher by about 2.3%. Below is a three month price history chart comparing the stock performance of ROVI, versus JDAS and TTWO.

ROVI,JDAS,TTWO Relative Performance Chart


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This Article's Word Cloud:   According   American   Application   Below   Channel   Corp   ETFs   Interactive   Investment   JDAS   Monday   Moving   NASDAQ   Portfolio   ROVI   Rovi   Software   TTWO   about   allows   among   asset   average   below   chart   companies   completely   currently   designed   growth   hands   higher   history   moving   other   performance   point   portfolio   price   range   share   shares   stocks   terms   trading   versus   week   what   which   with
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