Bullish MACD for Men’s Wearhouse – Tale of the Tape (MW)

The Men’s Wearhouse, Inc.’s (MW) MACD indicator has entered into bullish territory with a reading of 0.2625. The Zacks #1 Rank (“Strong Buy”) stock increased more 3% to $29.33 in morning trade. The Zacks Consensus Estimate for the year ending January 2012 has increased by 9 cents over the past two months to $2.20 per share.