Christopher & Banks Corporation’s (CBK) MACD indicator has entered into bearish territory with a reading of -0.0831. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $5.85 in morning trade. The Zacks Consensus Estimate for the year ending February 2012 has worsened by 29 cents over the past two months to a loss of 36 cents per share.
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