Bearish MACD for POWI – Tale of the Tape (POWI)

Power Integrations, Inc.’s (POWI) MACD indicator has entered into bearish territory with a reading of -0.0130. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $32.26 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 26 cents over the past two months to $1.31 per share.