Bearish MACD for Ascena Retail Group Inc. - Tale of the Tape

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Ascena Retail Group Inc. 's ( ASNA ) MACD indicator has moved into bearish territory with a reading of -0.6701. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.78% to $16.54 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending July 2013 has decreased by 28 cents over the past week to $1.26 per share.



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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: ASNA

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