Bearish MACD for Mellanox Technologies, Ltd. - Tale of the Tape

By Zacks.com,  January 11, 2013, 10:58:01 AM EDT

Mellanox Technologies, Ltd. 's ( MLNX ) MACD indicator has moved into bearish territory with a reading of -6.1260. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.62% to $49.77 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 22 cents over the past month to $2.90 per share.



MELLANOX TECH (MLNX): 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: MLNX



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