Bearish MACD for ICLR – Tale of the Tape (ICLR)

Zacks

ICON plc’s (ICLR) MACD indicator has moved into bearish territory with a reading of -0.0639. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2%16.22 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by a cent over the past week to 54 cents per share.

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