Bearish MACD for AsiaInfo-Linkage – Tale of the Tape (ASIA)

AsiaInfo-Linkage, Inc.’s (ASIA) MACD indicator has moved into bearish territory with a reading of -0.3577. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $7.70 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 9 cents over the past week to $1.42 per share.