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Tale of the Tape  

Bearish MACD for Citi Trends

November 05, 2009 | Comments: 1
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Citi Trends Inc.’s (CTRN - Analyst Report) MACD indicator has moved into bearish territory with a reading of -0.1053. The Zacks #5 Rank (“Strong Sell”) stock declined more than 1% to $14.49 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Jan 2010 has reduced by 2 cents over the past month to $1.30 per share.

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15
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Don wrote...
CTRN is at 26.41 not 14.49
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Market Summary Nov 21, 2009 10:43 am ET
DJIA 10318.16  -14.28 -0.14%
NASD 2146.04  -10.78 -0.50%
S&P 500 1091.38  -3.52 -0.32%
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