Bearish MACD for Deckers Outdoor Corp.

Zacks

Deckers Outdoor Corp.’s (DECK) MACD indicator has moved into bearish territory with a reading of –2.9010. The Zacks #4 Rank (“Sell”) stock decreased more than 2.56% to $43.85 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.

 

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