Bearish MACD for SEED - Tale of the Tape

Origin Agritech Ltd.'s (SEED) MACD indicator has entered into bearish territory with a reading of -0.0637. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $9.63 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has decreased by 5 cents over the past month to 43 cents per share.
 
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