Bearish MACD for Tibco Software Inc.


Tibco Software Inc.’s (TIBX) MACD indicator has moved into bearish territory with a reading of –0.7661. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.55% to $21.54 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending November 2013 has decreased by 5 cents over the past week to 91 cents per share.


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