Syneron Medical Ltd.’s (ELOS) MACD indicator has moved into bearish territory with a reading of -0.0226. The Zacks #4 Rank (“Sell”) stock declined more than 2% to $10.68 in morning trade. The Zacks Consensus Estimate for 2010 is currently pegged at a loss of 7 cents per share, which worsened by 3 cents over the past week.
“ELOS” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research