Bearish MACD for Diamond Foods, Inc.

Diamond Foods, Inc.’s (DMND) MACD indicator has moved into bearish territory with a reading of –0.3712. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.31% to $13.60 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2013 has decreased by 18 cents over the past month to 24 cents per share.

DIAMOND FOODS INC (DMND): Free Stock Analysis Report

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