Bearish MACD for SIGI - Tale of the Tape

Selective Insurance Group 's (SIGI) MACD indicator has entered into bearish territory with a reading of -0.0289. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $18.01 in afternoon trade. The Zacks Consensus Estimate for the year ended December 2010 has decreased by a cent over the past month to $1.25 per share.
 
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