Adobe Systems Inc.’s (ADBE) MACD indicator has moved into bearish territory with a reading of -0.1058. The Zacks #4 Rank (“Sell”) stock declined slightly to $34.48 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Nov 2010 has dipped by a penny over the past month to $1.53 per share.
“ADBE” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research