Bearish MACD for Home Inns & Hotels Management Inc. – Tale of the Tape (HMIN)

Zacks

Home Inns & Hotels Management Inc. ’s (HMIN) MACD indicator has moved into bearish territory with a reading of –0.8782. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.20% to $21.44 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 20 cents over the past month to 45 cents per share.

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