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

First Majestic Silver Corp. Ordinary Shares (Canada)’s (AG) MACD indicator has moved into bearish territory with a reading of -0.1098. The Zacks #4 Rank (“Sell”) stock decreased slightly to $21.68 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 24 cents over the past two months to $1.12 per share.