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FirstMerit’s MACD Signals Bearishness – Zacks Tale of the Tape
Zacks Market Commentaries (September 2nd, 2009) Writes:
FirstMerit Corp.’s (FMER) MACD indicator has moved into bearish territory with a reading of -0.1359. The Zacks #4 Rank (“Sell") stock has declined more than 1% to $17.37 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 11 cents over the past 2 months to $1.00 per share."FMER" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research
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