Bearish MACD for Sanderson Farms, Inc. - Tale of the Tape

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Sanderson Farms, Inc. 's ( SAFM ) MACD indicator has moved into bearish territory with a reading of -2.3003. The Zacks #5 Rank ("Strong Sell") stock decreased more 0.16% to $37.27 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending October 2012 has decreased by 46 cents over the past week to $1.73 per share.

 


 
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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: SAFM

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