Bearish MACD for LeCROY - Tale of the Tape

's (

) MACD indicator has entered into bearish territory with a reading of -0.0226. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $12.92 in morning trade. The Zacks Consensus Estimate for the year ending June 2011 has decreased by 26 cents over the past month to a loss of 1 cent per share.