STX Seagate Technology PLC Added to SP500 Power Gauge Neutral - Avoid
The Chaikin Power Gauge RatingTM for Seagate Technology STX is neutral with very attractive financial metrics, very strong earnings performance, neutral price/volume activity and neutral expert opinions.
STX's financial metrics are excellent due to a high return on equity and relatively high cash flow.
Despite bullish factors, Chaikin Power Tools has identified a negative trend resulting in a neutral rating.
Marc Chaikin is a recognized expert in stock market analysis. He developed computerized stock selection models for professional money managers as well as for individual investors. In addition, he pioneered and created the first real-time analytics workstation for portfolio managers and stock traders; his proprietary analytics are now part of Thomson Reuters’ institutional workstation.
Marc also created the widely-used Chaikin Oscillator and Chaikin Persistency of Money Flow, the basis of Investor’s Business Daily’s Accumulation/Distribution Rating. His indicators’ predictive value has made them de facto standards in most technical analysis software packages.