Bearish MACD for CETV - Tale of the Tape

Central European Media Enterprises Ltd.’s (CETV) MACD indicator has entered into bearish territory with a reading of -0.0237. The Zacks #5 Rank (“Strong Sell”) stock fell more than 1% to $21.58 in morning trade. The Zacks Consensus Estimate for the year ending December 2010 has decreased 59 cents over the past two months to a loss of $1.36 per share.
 
CENTL EUR MEDIA (CETV): Free Stock Analysis Report
 
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