TMCnet News
TiVo Rising on Above-Average Volume, Consistent With Trend (TIVO)Nov 29, 2012 (SmarTrend(R) News Watch via COMTEX) -- TiVo's stock is up 4.2% to $11.31 on heavy trading volume. Today's volume of 7.3 million shares tops the average 30-day volume of 1.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point. SmarTrend recommended that subscribers consider buying shares of TiVo on August 6th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.79. Since that recommendation, shares of TiVo have risen 23.4%. We continue to monitor TIVO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. In the past 52 weeks, shares of TiVo have traded between a low of $7.75 and a high of $12.37 and are now at $10.95, which is 41% above that low price. The 200-day and 50-day moving averages have moved 0.25% lower and 0.37% higher over the past week, respectively. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |