Shareholder returns and stock trends
US-based (SPY) EMC (EMC) generated investor returns of -0.72% in the trailing-one-month period. In comparison, it has generated 7.5% YTD (year-to-date). The company’s share price rose by 1.3% in the trailing-five-day period and by 6.7% in the trailing-12-month period.
In comparison, Cisco Systems (CSCO), IBM (IBM), and Hewlett-Packard Enterprise (HPE), peer companies in the enterprise storage subsector, generated returns of 7.3%, -7.5%, and -29.3%, respectively, in the trailing-12-month period.
On July 8, 2016, EMC closed the trading day at $27.51. Based on this figure, here’s how the stock fared in terms of its moving averages:
- 2.8% above its 100-day moving average of $26.77
- 0.4% above its 50-day moving average of $27.40
- 0.2% above its 20-day moving average of $27.46
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 -0.03. This negative figure indicates a downward trading trend.
The company’s 14-day RSI (relative strength index) is 48, which shows that its stock is somewhat oversold. An RSI of below 30 suggests that a stock has been oversold, while an RSI of above 70 suggests that a stock has been overbought.
Of the 30 analysts covering EMC, 13 have “buy” recommendations and 17 have “hold” recommendations on the stock. Analysts’ stock price target for the company is $29.2, with a median target estimate of $29.1. EMC is trading at a discount of 5.8% to its median target.