Mechel OAO’s (MTL) MACD indicator has moved into bearish territory with a reading of -0.3315. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $22.88 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2010 has decreased by 20 cents over the past month to $2.11 per share.
 
MECHEL OAO ADS (MTL): Free Stock Analysis Report
 
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