Bearish MACD for Collective Brands - Tale of the Tape

Collective Brands Inc.'s (PSS) MACD indicator has moved into bearish territory with a reading of -0.0280. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to 15.75 in the morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending January 2011 has decreased by a cent over the past month to $1.46 per share.
 
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