Bearish MACD for J.C. Penney Company, Inc. - Tale of the Tape


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J.C. Penney Company, Inc. 's ( JCP ) MACD indicator has moved into bearish territory with a reading of -0.2455. The Zacks Rank # 5 ("Strong Sell") stock decreased more than 0.31% to $19.06 in morning trade. The Zacks Consensus Estimate on the company's loss for the year ending January 2013 has increased by 21 cents over the past month to a loss of $1.48 per share.

PENNEY (JC) INC (JCP): 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

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