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Bearish MACD for Magellan Health Services Inc.

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Magellan Health Services Inc.’s (MGLN - Free Report) MACD indicator has moved into bearish territory with a reading of –0.5878. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.25% to $51.07 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 15 cents over the past month to $3.71 per share.


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