Bearish MACD for IRobot Corp. - Tale of the Tape

By Zacks Equity Research,

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IRobot Corp. 's ( IRBT ) MACD indicator has moved into bearish territory with a reading of -0.9744. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.93% to $18.15 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 35 cents over the past week to 47 cents per share.

IROBOT CORP (IRBT): 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: IRBT

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