Bearish MACD for Accuray Inc – Tale of the Tape (ARAY)

Zacks

Accuray Incorporated’s (ARAY) MACD indicator has entered into bearish territory with a reading of -0.2255. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $6.80 in morning trade. The Zacks Consensus Estimate for the year ended June 2011 has decreased by a penny over the past two months to 5 cents per share.

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