Bearish MACD for China Housing - Zacks Tale of the Tape

China Housing & Land Development, Inc.’s (CHLN) MACD indicator has moved into bearish territory with a reading of -0.0418. The Zacks #4 Rank (“Sell") stock declined slightly to $3.97 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has dipped by a penny over the past week to 63 cents per share.
"CHLN" Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research