Bearish MACD for Tech Data Corp – Tale of the Tape (TECD)

Zacks

Tech Data Corp ’s (TECD) MACD indicator has moved into bearish territory with a reading of –1.4685. The Zacks #4 Rank (“Sell”) stock decreased more 0.17% to $47.80 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 4 cents over the past week to $5.66 cents per share.

TECH DATA CORP (TECD): Free Stock Analysis Report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply