Bearish MACD for New Gold Inc. - Tale of the Tape

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New Gold Inc. 's ( NGD ) MACD indicator has moved into bearish territory with a reading of -0.1037. The Zacks Rank #4 ("Sell") stock decreased more than 2.10% to $8.84 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2013 has decreased by 7 cents over the past month to 57 cents per share.

NEW GOLD INC (NGD): 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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