Teradata Trades Below Moving Averages
Teradata, Apple, and Rackspace Dragged SKYY Last Week
Shareholder returns and stock trends
Teradata Corp. (TDC) has generated returns of -29.38% in the trailing 12 months (or TTM) for investors and -16.50% in the trailing one-month period. In comparison, it generated -3.98% returns in 2014 and -31.32% in the year-to-date (or YTD) period. The share price of the firm has declined by 19.16% in the trailing five-day period.
In comparison, peer companies such as IBM (IBM), Accenture (ACN), and Cognizant (CTSH) have generated returns of -4.24%, 0.61%, and 7.16%, respectively, in the trailing five-day period.
Moving averages
On August 7, 2015, the last trading price of Teradata was $30. The firm was trading 15.94%, 18.83%, and 24.81% below the 20-day, 50-day, and 100-day moving averages of $35.69, $36.96, and $39.90, respectively.
Moving average convergence divergence and RSI
The MACD (or moving average convergence divergence) is the difference between the short-term and long-term moving averages of a firm. The 14-day MACD is -0.57 for Teradata and shows a downward trading trend, as the figure is negative.
The 14-day relative strength index (or RSI) for Teradata is 20, which shows that the stock is oversold. Generally, if the RSI is above 70, it indicates the stock is overbought while an RSI figure below 30 suggests that a stock has been oversold.
Analyst recommendations
Out of 30 analysts covering Teradata stock, four have a “buy” recommendation, four have a “sell” recommendation, and 22 have a “hold” recommendation. The analyst stock price target for the firm is $33.94 with a median target estimate of $33. Teradata is trading at a discount of 10% with respect to its median target and looks to be an attractive buy at current levels.
Teradata Corp (TDC) forms 3.18% of the First Trust ISE Cloud Computing Index ETF (SKYY) and 0.18% of the Technology Select Sector SPDR ETF (XLK).
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