One of the five stocks previewed in this post is undervalued and three of the other five are overvalued by more than 20%. One stock is down 20.7% over the last 12 months, while three have gained between 17.7% and 45.6%. Four of the five are trading above their 200-day SMAs, which reflects the risk of reversion to the mean.
Reading the Table
Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy.
Last 12-Month Return (%):
Stocks with a red number declined by that percentage over the last 12 months. Stocks with a black number increased by that percentage.
Forecast 1-Year Return:
Stocks with a red number are projected to decline by that percentage over the next 12 months. Stocks with a black number in the table are projected to move higher by that percentage over the next 12 months.
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.
A level between a value level and risky level that should be a magnet during the time frame noted.
Price at which to enter a GTC limit order to sell on strength.
(ADBE - Get Report)
($47.76) is above its 50-day SMA at $47.02 with the 2013 high at $48.63 set on July 12. My semiannual value level is $44.85 with an annual risky level at $48.74.
The provider of identity uniforms
(CTAS - Get Report)
($49.70) set a multi-year high at $49.99 on Sept. 10. My semiannual value level is $47.48 with a weekly pivot at $49.68 and monthly risky level $50.07.
Office furniture and seating designer
(MLHR - Get Report)
($26.34) set a multi-year high at $29.70 on Aug. 1 then declined to $25.08 on Sept. 6 holding the 200-day SMA at $25.52. My annual value level is $24.37 with a weekly pivot at $25.51 and semiannual risky level at $28.80.