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Bearish MACD for Deckers Outdoor Corp.

Siddhartha Pahari

Deckers Outdoor Corp.’s (DECK) MACD indicator has moved into bearish territory with a reading of –1.1939. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.68 % to $52.67 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.


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