Bearish MACD for Spartan Stores – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/27100/Bearish+MACD+for+Spartan+Stores+-+Zacks+Tale+of+the+TapePosted on Tuesday, November 10th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Spartan Stores Inc.’s (SPTN) MACD indicator has crossed over to bearish territory with a reading of -0.1201. The Zacks #4 Rank (“Sell”) stock declined slightly to $13.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2010 has reduced by 3 cents over the past month to $1.50 per share.
“SPTN” Free Stock Analysis: Buy? Sell? Hold?
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