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Bearish MACD for Deckers Outdoor Corp.

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Deckers Outdoor Corp.’s (DECK - Free Report) MACD indicator has moved into bearish territory with a reading of –1.9936. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 3.24% to $32.85 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 80 cents over the past month to $3.37 per share.


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