Bearish MACD for Golden Minerals – Tale of the Tape (AUMN)

Golden Minerals Co.’s (AUMN) MACD indicator has entered into bearish territory with a reading of -0.0208. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $18.61 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has worsened by 2 cents over the past two months to a loss of 71 cents per share.