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Techne’s MACD Indicates Bearishness
Techne Corp.’s (TECH - Snapshot Report) MACD indicator has crossed over to bearish territory with a reading of -0.0938. The Zacks #4 Rank (“Sell”) stock has declined nearly 2% to $60.53 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the fiscal year ending June 2010 has decreased by 6 cents over the past month to $2.94 per share.
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| Market Summary | Nov 22, 2009 21:07 pm ET |
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