Bearish MACD for Embraer (ERJ)

Embraer – Empr Bras Aeronautica (ERJ) MACD indicator has entered into bearish territory with a reading of -0.2322. The Zacks #5 Rank (“Strong Sell”) stock declined slightly to $21.28 in morning trade. The Zacks Consensus Estimate for the year ending December 2010 has dipped 3 cents over the past month to $1.36 per share.

EMBRAER AIR-ADR (ERJ): Free Stock Analysis Report
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