ROVI Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Rovi Corp. (ROVI) crossed below their 200 day moving average of $20.65, changing hands as low as $20.56 per share. Rovi Corp. shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of ROVI shares, versus its 200 day moving average:

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Rovi Corp. 200 Day Moving Average Chart

Looking at the chart above, ROVI's low point in its 52 week range is $16.00 per share, with $26.55 as the 52 week high point — that compares with a last trade of $20.53.

According to the ETF Finder at ETF Channel, ROVI makes up 1.27% of the First Trust Value Line 100 Exchange-Traded Fund ETF ( FVL) which is trading lower by about 1.6% on the day Monday.

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