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Bearish MACD for Universal Technical Institute, Inc.

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Universal Technical Institute, Inc.’s (UTI - Free Report) MACD indicator has moved into bearish territory with a reading of –0.8589. The Zacks #4 Rank (“Sell”) stock decreased more than 0.52% to $9.62 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2013 has decreased by a cent over the past week to 28 cents per share.


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