Bearish MACD for MaxLinear - Tale of the Tape
June 23 2011 - 7:35AM
Zacks
MaxLinear, Inc.’s (MXL) MACD
indicator has entered into bearish territory with a reading of
-0.0957. The Zacks #5 Rank (“Strong Sell”) stock decreased more
than 3% to $8.20 in morning trade. The Zacks Consensus Estimate for
the year ending December 2011 has decreased by 7 cents over the
past two months to a loss of 1cent per share.
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