Bearish MACD for Federal-Mogul – Tale of the Tape (FDML)

Zacks

Federal-Mogul Corporation’s (FDML) MACD indicator has entered into bearish territory with a reading of -0.1568. The Zacks #4 Rank (“Sell”) stock decreased more than 3% to $15.88 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 16 cents over the past month to $1.93 per share.

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