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Rovi Bullish Moving Average Crossover Alert (ROVI)

By Shiri Gupta

Today, shares of Rovi (NASDAQ:ROVI) have advanced above their 10-day MA of $17.96 on a volume of 1.0 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Rovi have traded between a low of $8.01 and a high of $60.84 and are now at $18.25, which is 128% above that low price. The 200-day and 50-day moving averages have moved 0.13% higher and 0.97% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Rovi and will alert subscribers who have ROVI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses

Ticker(s): ROVI