Bearish MACD for Baker Hughes – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/27383/Bearish+MACD+for+Baker+Hughes+-+Zacks+Tale+of+the+TapePosted on Tuesday, November 17th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Baker Hughes Inc.’s (BHI) MACD indicator has crossed over to bearish territory with a reading of -0.2634. The Zacks #4 Rank (“Sell”) stock has declined slightly to $43.18 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 9 cents over the past month to $1.86 per share.
“BHI” Free Stock Analysis: Buy? Sell? Hold?
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