Shareholder returns and stock trends
EMC (EMC) generated investor returns of -15.1% in the trailing-12-month period and -5.9% in the trailing-one-month period. In comparison, it generated returns of -14% in 2015. The company’s share price fell 4.4% in the trailing-five-day period.
In comparison, Apple (AAPL), SanDisk (SNDK), and Western Digital (WDC), peer companies in the technology, hardware, and storage subsectors, generated returns of -3%, -21%, and -44%, respectively, in 2015.
On January 8, 2016, EMC closed the trading day at $24.47. Based on this figure, here’s how the stock fared in terms of its moving averages:
- 3.8% below its 100-day moving average of $25.44
- 4.6% below its 50-day moving average of $25.67
- 4.6% below its 20-day moving average of $25.66
Moving average convergence divergence and the relative strength index
The MACD (moving average convergence divergence) is the difference between the short-term and long-term moving averages of a company. EMC’s 14-day MACD is -0.01. This negative figure indicates a downward trading trend.
The company’s 14-day RSI (relative strength index) is 33, which shows that the stock is slightly oversold. Generally, if the RSI is above 70, it indicates that a stock is overbought. An RSI figure below 30 suggests that a stock has been oversold.
Apple constitutes 16.9% of the iShares US Tech ETF (IYW).