Bearish MACD for M/A-COM Technology Solutions Holdings – Tale of the Tape (MTSI)

Zacks

M/A-COM Technology Solutions Holdings ’s (MTSI) MACD indicator has moved into bearish territory with a reading of –0.4471. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.73% to $12.25 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2012 has decreased by 13 cents over the past two months to 90 cents per share.

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