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

Zacks

Tessera Technologies, Inc.’s (TSRA) MACD indicator has entered into bearish territory with a reading of -0.2794. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 3% to $15.01 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 12 cents over the past week to 94 cents per share.

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