AT&T (T) ($38.28) is a buy rated Dow component in the utilities sector which is 8.8% overvalued. The stock set a multi-year high at $38.80 on April 11. The weekly chart profile is positive but overbought with the five-week MMA at $37.12. My quarterly value level is $36.47 with a weekly pivot at $38.86 and annual risky level at $39.86.
Norfolk Southern (NSC) ($74.75) is a sell rated stock in the transportation sector which is 10.6% overvalued. The stock has tried three times to breakout above $78.00 to $78.50 since July 2011 and has failed to do so. The weekly chart profile is positive but overbought, but a close this week below its five-week MMA at $74.25 will shift this profile to negative. My quarterly value level is $69.85 with a semiannual pivot at $74.99 and annual risky level at $75.90.
YUM! Brands (YUM) ($65.04) is a buy rated stock in the retail-wholesale sector which is 13.2% overvalued. The weekly chart profile is negative with the five-week MMA at $67.41. My semiannual value level is $61.13 with a weekly risky level at $70.02.
At the time of publication the author held no positions in any of the stocks mentioned.Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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