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Bearish MACD for Amkor Technology

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July 15, 2011 | Comment(s): 0
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AMKR
Amkor Technology, Inc.’s (AMKR - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.1020. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $5.54 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2011 has decreased by 13 cents over the past month to 67 cents per share.

 

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