Bearish MACD for Quidel Corp - Tale of the Tape

Quidel Corporation's (QDEL) MACD indicator has entered into bearish territory with a reading of -0.0332. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $13.22 in morning trade. The Zacks Consensus Estimate for the year ended December 2010 has worsened by 3 cents over the past month to a loss of 36 cents per share.
 
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