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Bearish MACD for Sigma Designs

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September 22, 2011 | Comment(s): 0
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SIGM
Sigma Designs, Inc.’s (SIGM - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0012. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $8.09 in morning trade. The Zacks Consensus Estimate for the year ending January 2012 has worsened by 85 cents over the past two months to a loss of $1.21 per share.

 

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