Bearish MACD for Owens Corning
October 25, 2012 | Comments : 0
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October 25, 2012
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Owens Corning’s (OC - Snapshot Report) MACD indicator has moved into bearish territory with a reading of –0.2595. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.84% to $31.99 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past week to $1.16 per share.
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