Bearish MACD for Lam Research Corporation – Tale of the Tape (LRCX)

Zacks Bearish MACD for Lam Research Corporation Lam Research Corporation ’s (LRCX) MACD indicator has entered into bearish territory with a reading of -0.0234. The Zacks #5 Rank (“Strong Sell”) stock decreased 5.43% to $37.59 in morning trade. The Zacks Consensus Estimate for the year ending June 2012 has decreased by 12 cents over the past month to $2.68 per share.

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