Bullish MACD for Medidata Solutions – Tale of the Tape (MDSO)

Medidata Solutions, Inc.’s (MDSO) MACD indicator has entered into bullish territory with a reading of 0.1254. The Zacks #2 Rank (“Buy”) stock increased more than 1% to $17.05 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 4 cents over the past three months to $1.17 per share.