Bearish MACD for Smithfield Foods, Inc.

Smithfield Foods, Inc.. ’s (SFD) MACD indicator has moved into bearish territory with a reading of –0.3876. The Zacks #4 Rank (“Sell”) stock decreased more than 0.91% to $19.62 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending April 2012 has decreased by 4 cents over the past month to $2.68 per share.

SMITHFIELD FOODS INC (SFD): Free Stock Analysis Report

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