Bearish MACD for Yanzhou Coal Mining Co. (ADR)

Zacks

Yanzhou Coal Mining Co. (:ADR) ’s (YZC) MACD indicator has moved into bearish territory with a reading of –0.4026. The Zacks #5 Rank (“Strong Sell”) stock decreased more 0.42% to $14.28 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 9 cents over the past week to $1.88 per share.

 

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