Bullish MACD for Hexcel Corp – Tale of the Tape

Hexcel Corporation’s (HXL) MACD indicator has entered into bullish territory with a reading of 0.0768. The Zacks #1 Rank (“Strong Buy”) stock increased more than 3% to $21.75 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by a cent over the past month to $1.12 per share.