Bearish MACD for BAM - Tale of the Tape

Brookfield Asset Management Inc.'s (BAM) MACD indicator has moved into bearish territory with a reading of -0.0359. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $29.16 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has decreased by 12 cents over the past month to 94 cents per share.
 
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