Bearish MACD for Overstock.com, Inc.
April 12, 2012 | Comments : 0
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April 12, 2012
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Overstock.com, Inc.’s ( OSTK - Snapshot Report ) MACD indicator has entered into bearish territory with a reading of -0.2185. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $5.14 in morning trade. The Zacks Consensus Estimate for the year ending 2012 has worsened by 6 cents over the past two months to a loss of 23 cents per share.
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