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Bearish MACD for Endologix, Inc.

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Endologix, Inc.’s (ELGX - Free Report) MACD indicator has moved into bearish territory with a reading of –0.3027. The Zacks Rank #4 (“Sell”) stock decreased more than 0.40% to $14.79 in morning trade. The Zacks Consensus Estimate on the company’s loss for the year ending December 2013 has increased by 12 cents over the past two months to a loss of 14 cents per share.


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