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Bearish MACD for Power Integrations

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December 14, 2011 | Comment(s): 0
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POWI

Power Integrations, Inc.’s (POWI - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0473. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2% to $33.14 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 17 cents over the past two months to $1.14 per share.

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