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JimVanMeerten (58.46)

Rovi showing weakness



February 17, 2011 – Comments (0) | RELATED TICKERS: ROVI

One of the stocks on my growth watch list, Rovi Corp (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:

1 - 60% Barchart short term technical sell signal

2 - Trend Spotter (tm) sell signal

3 - Trading below its 20 and 50 day moving averages

4 - 13.45% off its recent high

5 - 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.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

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