Bullish MACD for Jones Apparel – Tale of the Tape (JNY)

Jones Apparel Group, Inc.’s (JNY) MACD indicator has entered into bullish territory with a reading of 0.0573. The Zacks #2 Rank (“Buy”) stock increased slightly to $11.16 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 9 cents over the past two months to $1.34 per share.