Bullish MACD for Cloud Peak Energy

Cloud Peak Energy Inc’s (CLD) MACD indicator has moved into bullish territory with a reading of 0.0293. The Zacks #1 Rank (“Strong Buy”) stock increased more than 3% to $18.26 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2010 has increased by 4 cents over the past week to $1.66 per share.

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