Shareholder returns and stock trends
EMC (EMC) generated investor returns of -9.8% in the trailing-12-month period and 9% in the trailing-one-month period. In comparison, in 2015 it generated -12%, and it has generated 1.5% YTD (year-to-date). The company’s share price rose 3% in the trailing-five-day period.
NetApp (NTAP), Seagate (STX), and Hewlett-Packard (HPQ), EMCs peer companies in the technology hardware and storage subsector, generated returns of -34.7%, -42%, and -33%, respectively, in calendar 2015.
On February 26, 2016, EMC closed the trading day at $26.05. Based on this figure, here’s how the stock fared in terms of its moving averages:
- 2.1% above its 100-day moving average of $25.50
- 4.4% above its 50-day moving average of $24.95
- 5% above its 20-day moving average of $24.81
Moving average convergence divergence
The MACD (moving average convergence divergence) is the difference between a company’s short-term and long-term moving averages. EMC’s 14-day MACD is 0.05. This positive figure indicates an upward trading trend.
The company’s 14-day RSI (relative strength index) is 62, which shows that the stock is slightly overbought. Generally, if the RSI is above 70, it indicates that the stock is overbought. An RSI figure below 30 suggests that a stock has been oversold.
Of the 31 analysts covering EMC, 16 have given it a “buy” recommendation and 15 have recommended a “hold.” The analyst stock price target for the company is $28.47, with a median target estimate of $28.45. EMC is trading at a discount of 9.2% to median analyst estimates. EMC constitutes 3.9% of the First Trust ISE Cloud Computing Index ETF (SKYY).