Bearish MACD for STATE BANK – Tale of the Tape

STATE BANK FINANCIAL CORP’s (STBZ) MACD indicator has entered into bearish territory with a reading of -0.0751. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly $16.49 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by 31 cents over the past two months to $1.28 per share.