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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 –0.1405. The Zacks #4 Rank (“Sell”) stock decreased more than 2.37% to $10.71 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2013 has decreased by 18 cents over the past two months to 24 cents per share.


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