Bearish MACD for FSIN – Tale of the Tape

Fushi Copperweld, Inc.’s (FSIN) MACD indicator has entered into bearish territory with a reading of -0.2644. The Zacks #4 Rank (“Sell”) stock decreased more than 5% to $5.38 in morning trade. The Zacks Consensus Estimate for the year ended December 2011 has decreased by a penny over the past week to $1.17 per share.