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Bearish MACD for Ascena Retail Group Inc. - Tale of the Tape

By: Zacks.com
Posted: 1/16/2013 11:04:00 AM
Referenced Stocks: ASNA

Ascena Retail Group Inc. 's ( ASNA ) MACD indicator has moved into bearish territory with a reading of -0.6701. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.78% to $16.54 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending July 2013 has decreased by 28 cents over the past week to $1.26 per share.



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