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Tale of the Tape

Bearish MACD for Alumina Ltd

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Alumina Limited (ADR)’s MACD indicator has entered into bearish territory with a reading of -0.0528. The Zacks #4 Rank (“Sell”) stock decreased slightly to $5.11 in morning trade. The Zacks Consensus Estimate for the year ending December 2012 has decreased by 35 cents over the past month to 8 cents per share.

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