Bearish MACD for Wausau Paper – Tale of the Tape

Wausau Paper Corp.’s (WPP) MACD indicator has entered into bearish territory with a reading of -0.1079. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $6.34 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by a cent over the past month to 34 cents per share.