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Bearish MACD for Techne Corp

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November 09, 2010 | Comment(s): 0
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TECH
Techne Corporation’s (TECH - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.3239. The Zacks #4 Rank (“Sell”) stock decreased slightly to $60.27 in the morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2011 has decreased by 5 cents over the past month to $2.95 per share.

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