Bearish MACD for FreightCar America (RAIL)

FreightCar America, Inc.’s (RAIL) MACD indicator has entered into bearish territory with a reading of -0.0002. The Zacks #5 Rank (“Strong Sell”) stock fell slightly to $23.92 in afternoon trade. The Zacks Consensus Estimate for the year ending December 2010 is currently pegged at a loss of 33 cents per share, which worsened 8 cents over the past month.

FREIGHTCAR AMER (RAIL): Free Stock Analysis Report

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