Bearish MACD for AMCC - Tale of the Tape

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Applied Micro Circuits Corporation 's ( AMCC ) MACD indicator has entered into bearish territory with a reading of -0.0312. The Zacks #5 Rank ("Strong Sell") stock decreased slightly to $7.37 in morning trade. The Zacks Consensus Estimate for the year ending March 2012 has worsened by 14 cents over the past month to a loss of 41 cents per share.


 
APPLD MICRO CIR ( AMCC ): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: AMCC

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