Bearish MACD for Clorox - Tale of the Tape

The Clorox Company's (CLX) MACD indicator has moved into bearish territory with a reading of -0.0414. The Zacks #4 Rank (“Sell”) stock decreased slightly to $66.34 in afternoon trade. The Zacks Consensus Estimate on the company's earnings for the year ending June 2011 has decreased by 7 cents over the past two months to $4.52 per share.
 
CLOROX CO (CLX): Free Stock Analysis Report
 
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