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Tale of the Tape  

Bearish MACD for Citi Trends

November 05, 2009 | Comments: 1
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Citi Trends Inc.’s (CTRN - Analyst Report) MACD indicator has moved into bearish territory with a reading of -0.1053. The Zacks #5 Rank (“Strong Sell”) stock declined more than 1% to $14.49 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Jan 2010 has reduced by 2 cents over the past month to $1.30 per share.

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Don wrote...
CTRN is at 26.41 not 14.49
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Market Summary Mar 10, 2010 11:39 am ET
DJIA 10544.66  -19.72 -0.19%
NASD 2353.19  12.51 0.53%
S&P 500 1143.56  3.11 0.27%