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Bearish MACD for Charming Shoppes - Zacks Tale of the Tape

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Charming Shoppes Inc.
’s (CHRS) MACD indicator has crossed over to bearish territory with a reading of -0.0299. The Zacks #5 Rank (“Strong Sell") stock has slipped more than 1% to $5.75 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Jan 2010 has decreased by 27 cents over the past 2 months to a loss of 47 cents per share.
"CHRS" Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research

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