Bearish MACD for Brady Corporation – Tale of the Tape (BRC)

Zacks

Brady Corporation’s (BRC) MACD indicator has moved into bearish territory with a reading of -0.0390. The Zacks #4 Rank (“Sell”) stock decreased slightly to $26.82 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2012 has decreased by 11 cents over the past month to $2.39 per share.

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