Bearish MACD for United Rentals – Tale of the Tape (URI)

United Rentals, Inc.’s (URI) MACD indicator has entered into bearish territory with a reading of -0.1285. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2% to $16.23 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 3 cents over the past month to $1.45 cents per share.