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Bearish MACD for O2micro – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/26061/Bearish+MACD+for+O2micro+-+Zacks+Tale+of+the+Tape
 Posted on Friday, October 16th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -


O2micro International Ltd.’s (OIIM) MACD indicator has moved into bearish territory with a reading of -0.0586. The Zacks #4 Rank (“Sell”) stock has slipped more than 1% to $4.91 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has worsened by 2 cents over the past 2 months and is currently pegged at a loss of 6 cents per share.
“OIIM” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research

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