Bearish MACD for Griffon Corp - Tale of the Tape

Griffon Corporation's (GFF) MACD indicator has entered into bearish territory with a reading of -0.0850. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $11.98 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has decreased by 6 cents over the past two months to 84 cents per share.
 
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