Rovi Up 22.0% Since SmarTrend Uptrend Call (ROVI)
SmarTrend identified an Uptrend for Rovi (NASDAQ:ROVI) on July 22nd, 2016 at $18.38. In approximately 3 months, Rovi has returned 22.01% as of today's recent price of $22.42.
Rovi share prices have moved between a 52-week high of $60.84 and a 52-week low of $8.01 and are now trading 180% above that low price at $22.42 per share. The 200-day and 50-day moving averages have moved 0.30% higher and 2.47% lower over the past week, respectively.
Rovi Corporation provides digital home entertainment experience by delivering solutions to businesses to protect, enhance an distribute digital goods to consumers across multiple channels. The Company's services and products include connected middleware, media recognition, interactive programming guides, copy protection and rich media.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rovi shares.
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