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

Posted: 8/22/2012 11:23:00 AM
Referenced Stocks: SAFM

Sanderson Farms, Inc. 's ( SAFM ) MACD indicator has moved into bearish territory with a reading of -0.3003. The Zacks #5 Rank ("Strong Sell") stock decreased more 0.77% to $40.14 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending October 2012 has decreased by $1.33 over the past month to $1.40 per share.


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