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Bearish MACD for Synaptics, Inc

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Synaptics, Inc.’s (SYNA - Free Report) MACD indicator has moved into bearish territory with a reading of –1.5453. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 2.11% to $27.88 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2012 has decreased by 14 cents over the past month to $1.54 per share.


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