Bullish MACD for RLI Corp. – Tale of the Tape (RLI)

RLI Corp.’s (RLI) MACD indicator has entered into bullish territory with a reading of 0.0664. The Zacks #1 Rank (“Strong Buy”) stock increased more than 2% to $62.08 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 95 cents over the past two months to $5.12 per share.