Teradyne (TER) Oozes Lower Though Some See Opportunity

January 15, 2013 11:25 AM EST
Teradyne (NYSE: TER) shares are a little pressured today amid the company setting a date to release fourth-quarter results (January 23rd, post-market).

Not much has been on about Teradyne recently though peers were presenting nothing but the newest electronic gadgets at CES last week.

Some investors aren't subscribing to the downside today. According to the latest market data, money flow on an uptick is at $10.2 million, about 9.8 times that for a tick lower.

The 14-day Money Flow Index is at about 40.4, having trickled lower since the middle of December. The last time Teradyne was indicated as being oversold was last May and shares are up over 16 percent since then.

Teradyne is off about 0.8 percent today.

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