Bearish MACD for Smithfield Foods, Inc.

Smithfield Foods, Inc.’s (SFD) MACD indicator has moved into bearish territory with a reading of –0.3354. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 5.42 % to $18.51 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending April 2012 has decreased by a cent over the past month to $2.67 per share.

SMITHFIELD FOODS INC (SFD): Free Stock Analysis Report

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