Bearish MACD for Stage Stores – Tale of the Tape (SSI)

Stage Stores, Inc.’s (SSI) MACD indicator has entered into bearish territory with a reading of -0.1713. The Zacks #4 Rank (“Sell”) stock decreased more than 4% to $13.63 in morning trade. The Zacks Consensus Estimate for the year ending January 2012 has decreased by 2 cents over the past week to $1.05 per share.