Bearish MACD for Tempur-Pedic International Inc.

Siddhartha Pahari
July 23, 2012

Tempur-Pedic International Inc.’s (TPX) MACD indicator has moved into bearish territory with a reading of –1.2073. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.09% to $26.25 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by $1.28 cents over the past two months to $2.66 per share.

 

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