Bearish MACD for Overstock.com, Inc.

Zacks

Overstock.com, Inc.’s (OSTK) MACD indicator has entered into bearish territory with a reading of -0.2185. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $5.14 in morning trade. The Zacks Consensus Estimate for the year ending 2012 has worsened by 6 cents over the past two months to a loss of 23 cents per share.

 

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