Bearish MACD for Overstock.com - Tale of the Tape

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Overstock.com 's ( OSTK ) MACD indicator has entered into bearish territory with a reading of -0.2371. The Zacks #5 Rank ("Strong Sell") stock decreased slightly to $5.30 in morning trade. The Zacks Consensus Estimate for the year ended 2012 has worsened by 6 cents over the past month to a loss of 23 cents per share.

 


 
OVERSTOCK.COM ( OSTK ): 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: OSTK

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