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Rovi Corp - ROVI - Shows weakness

|Includes:Rovi Corporation (ROVI)

 One of the stocks on my growth watch list, Rovi Corp (NASDAQ:ROVI) is showing signs of negative price trends.

The stock was flat for some time then had a sharp drop in price.  Some of the other technical factors:
 
  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20 and 50 day moving averages
  • 13.45% off its recent high
  • Relative Strength Index is 41.15% and falling.

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

 

Stocks: ROVI