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Rovi Up 22.0% Since SmarTrend Uptrend Call (ROVI)

By David Diaz

SmarTrend identified an Uptrend for Rovi (NASDAQ:ROVI) on July 22nd, 2016 at $18.38. In approximately 10 months, Rovi has returned 22.01% as of today's recent price of $22.42.

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 $22.42, which is 180% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.5% while the 200-day MA has risen 0.3%.

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.

Log in and add Rovi (ROVI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights

Ticker(s): ROVI