Diamond Foods, Inc.’s (DMND) MACD indicator has moved into bearish territory with a reading of –0.3712. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.31% to $13.60 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2013 has decreased by 18 cents over the past month to 24 cents per share.
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