Bearish MACD for Revlon - Tale of the Tape

Revlon Inc.’s (REV) MACD indicator has moved into bearish territory with a reading of -0.1356. The Zacks #5 Rank (“Strong Sell”) stock declined more than 4% to $11.45 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has decreased by 11 cents over the past month to $1.50 per share.
 
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