Tech Data Corp ‘s (TECD) MACD indicator has moved into bearish territory with a reading of -1.4685. The Zacks #4 Rank (“Sell”) stock decreased more 0.17% to $47.80 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 4 cents over the past week to $5.66 cents per share.
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