Bearish MACD for Progress Energy – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/25688/Bearish+MACD+for+Progress+Energy+-+Zacks+Tale+of+the+TapePosted on Thursday, October 8th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Progress Energy Inc.’s (PGN) MACD indicator has crossed over to bearish territory with a reading of -0.3851. The Zacks #4 Rank (“Sell”) stock fell slightly to $37.23 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has moved down a penny over the past month to $3.02 per share.
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Investing Lessons, Progress Energy Inc., Stocks to Watch, USD, Zacks Market Commentaries
Investing Lessons, Progress Energy Inc., Stocks to Watch, USD, Zacks Market Commentaries
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