Bearish MACD for Masimo Corp.

Zacks

Masimo Corp.’s (MASI) MACD indicator has moved into bearish territory with a reading of –0.1750. The Zacks Rank #4 (“Sell”) stock decreased more than 0.55% to $19.81 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 7 cents over the past month to $1.15 per share.

 

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