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Snap-on’s MACD Signals Bearishness
Snap-on Inc.’s (SNA - Analyst Report) MACD indicator has moved into bearish territory with a reading of -0.2072. The Zacks #5 Rank (“Strong Sell”) stock fell nearly 2% to $34.4 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 38 cents over the past 2 months to $2.57 per share.
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| Market Summary | Nov 22, 2009 04:22 am ET |
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