Bearish MACD for Fossil, Inc.

Zacks

Fossil, Inc.’s (FOSL) MACD indicator has moved into bearish territory with a reading of –2.4866. The Zacks #4 Rank (“Sell”) stock decreased more than 4.45% to $65.46 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past week to $5.31 per share.

 

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