Bearish MACD for Cellcom Israel Ltd.’s (CEL) MACD indicator has moved into bearish territory with a reading of –0.2566. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.41% to $12.03 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 two months to $1.48 per share.
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