Bearish MACD for Deckers Outdoor Corp.

Zacks

Deckers Outdoor Corp. ’s (DECK) MACD indicator has moved into bearish territory with a reading of –2.3134. The Zacks #4 Rank (“Sell”) stock decreased more than 1.69% to $44.28 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past week to $4.54 per share.

 

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