Bearish MACD for Diamond Foods, Inc

Zacks

Diamond Foods, Inc’s (DMND) MACD indicator has moved into bearish territory with a reading of –0.9419 The Zacks #4 Rank (“Sell”) stock decreased more than 1.12% to $22.91 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2012 has decreased by 8 cents over the past two month to $2.86 per share.

 

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