This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

9 Consumer Staples Stocks at Risk of Reversion

Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.

Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.

Risky Level: Price at which to enter a GTC limit order to sell on strength.

Ambev (ABV) ($42.44 vs. $41.96 on Dec. 26): Downgraded to buy from strong buy and set a multi-year high at $47.17 on Jan. 31. Consider the 200-day SMA at $40.68 as the value level with a quarterly pivot at $42.45 and a weekly risky level at $44.04. The weekly chart profile is negative with the five-week modified moving average at $44.23.

Anheuser Busch (BUD) ($98.10 vs. $87.54 on Dec. 26): Downgraded to buy from strong buy and set a new multi-year high at $98.10 last Friday. My weekly value level is $96.61 with my monthly risky level at $103.57. The weekly chart profile is positive but overbought with the five-week MMA at $93.94.

Colgate Palmolive (CL) ($114.41 vs. $105.05 on Dec. 26): Set a multi-year high at $116.71 on March 7. This stock held its 200-day SMA back on Dec. 31 with this support now at $106.84. My annual value level is $111.19 with a monthly pivot at $112.59 and my weekly risky level at $114.98. The weekly chart profile is positive but overbought with the five-week MMA at $112.21.


General Mills (GIS - Get Report) ($48.15 vs. $41.00 on Dec. 26): Set a multi-year high at $48.31 on March 21. My monthly value level is $44.53 with a weekly risky level at $49.42. The weekly chart profile is positive but overbought with the five-week MMA at $45.26.

Kellogg (K) ($63.39 vs. $56.14 on Dec. 26): Set a multi-year high at $63.50 Friday. My annual value level is $60.79 with a weekly pivot at $63.03 with no risky level. The weekly chart profile is positive but overbought with the five-week MMA at $60.61.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ABV $0.00 0.00%
BUD $124.84 0.91%
GIS $56.05 -0.59%
KO $40.83 -0.15%
PEP $94.49 -0.71%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs