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Bearish MACD for Cost Plus

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April 05, 2011 | Comment(s): 0
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CPWM
Cost Plus, Inc.’s (CPWM - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0192. The Zacks #4 Rank (“Sell”) stock decreased slightly to $9.71 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2012 has decreased by 2 cents over the past month to 55 cents per share.

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Market Summary May 26, 2012 11:39 am ET
DJIA 12454.83  -74.92 -0.60%
NASD 2837.53  -1.85 -0.07%
S&P 500 1317.82  -2.86 -0.22%
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