Bearish MACD for Deckers Outdoor Corp

Zacks

Deckers Outdoor Corp’s (DECK) MACD indicator has moved into bearish territory with a reading of –3.3909. The Zacks #4 Rank (“Sell”) stock decreased more than 0.31% to $54.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 53 cents over the past week to $4.61 per share.

 

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