Bearish MACD for China Marine - Tale of the Tape

China Marine Food Group Ltd.'s (CMFO) MACD indicator has moved into bearish territory with a reading of -0.0223. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2% to $5.34 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has decreased by 2 cents over the past week to 76 cents per share.
 
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