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Bearish MACD for TECO Energy

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January 24, 2012 | Comment(s): 0
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TE

TECO Energy, Inc.’s (TE - Analyst Report) MACD indicator has moved into bearish territory with a reading of -0.0938. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1% $18.11 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 6 cents over the past week to $1.41 per share.

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