Bearish MACD for Magellan Health Services Inc. - Tale of the Tape


Magellan Health Services Inc. 's ( MGLN ) MACD indicator has moved into bearish territory with a reading of -0.5878. The Zacks Rank # 5 ("Strong Sell") stock decreased more than 0.25% to $51.07 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2013 has decreased by 15 cents over the past month to $3.71 per share.

MAGELLAN HLTH (MGLN): 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: MGLN

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