Bearish MACD for MSA - Tale of the Tape

Mine Safety Appliances Co.’s (MSA) MACD indicator has moved into bearish territory with a reading of -0.0029. The Zacks #4 Rank (“Sell”) stock slipped more than 2% to $24.46 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has declined 2 cents over the past month to $1.20 per share.
 
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