MXL Maxlinear Inc

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.