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Bearish MACD for Christopher & Banks

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May 26, 2011 | Comment(s): 0
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CBK
Christopher & Banks Corporation’s (CBK - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0831. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% to $5.85 in morning trade. The Zacks Consensus Estimate for the year ending February 2012 has worsened by 29 cents over the past two months to a loss of 36 cents per share.

 

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Market Summary May 26, 2012 10:28 am ET
DJIA 12454.83  -74.92 -0.60%
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