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Bearish MACD for Questcor Pharma

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July 21, 2010 | Comment(s): 0
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QCOR
Questcor Pharmaceuticals, Inc.’s (QCOR - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.2315. The Zacks #4 Rank (“Sell”) stock declined more than 1% to $9.11 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by 5 cents over the past month to 57 cents per share.

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