Bearish MACD for Diamond Foods, Inc

Diamond Foods, Inc.’s (DMND) MACD indicator has moved into bearish territory with a reading of -0.9934. The Zacks #4Rank (“Sell”) stock decreased more than 2.67% to $21.83 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending July 2012 has decreased by 2 cents over the past week to $2.84 per share.

DIAMOND FOODS INC (DMND): Free Stock Analysis Report

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