Bearish MACD for Fuel Systems – Tale of the Tape (FSYS)

Zacks

Fuel Systems Solutions, Inc.’s (FSYS) MACD indicator has entered into bearish territory with a reading of -0.5119. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $18.22 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 21 cents over the past week to 35 cents per share.

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