(Smart Office (R) news can be accessed via WIRE) - TiVo (NASDAQ: TIVO), which yesterday traded in a range between a minimum of $ 8.34 was increased to a maximum of $ 8.70. Yesterday, the share fell 3.01%, with the trading range has increased over the three days low of $ 8.45 on volume of 3 million shares. Often after big falls in one day traders play short-term measure of the average revision.
TiVo shares are trading below their 50 days moving average (MA) of $ 9.35 and below 200 day MA of $ 9.17. Find the MA to withstand a short-term rebound in stocks.
TiVo Inc. offers a subscription service made possible by a personal video recorder. Company service allows viewers to find and more programs, control recording live TV, select your display preferences, and custom line-up access SHO
Smart Board expects that the share price rebound towards the resistance level of $ 8.45. Then, we expect downward movement with his colleagues in the intelligent systems for cable TV industry.
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