Bearish MACD for EMCOR Group – Tale of the Tape (EME)

EMCOR Group, Inc.’s (EME) MACD indicator has entered into bearish territory with a reading of -0.1682. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $28.43 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by a penny over the past month to $1.84 per share.