Intuit (INTU) beat EPS estimates by 2 cents reporting a loss of 18 cents a share in the after-hours on Nov. 21. The hold rated software company traded down to $70.87 on Nov. 22 testing my semiannual value level at $71.17. My monthly value level is $64.72 with a semiannual pivot at $71.17 and semiannual and quarterly risky levels at $74.07 and $74.73.
Medtronic (MDT) beat EPS estimates by 1 cent earning 91 cents a share premarket on Nov. 19. The hold rated maker of medical devices for the heart drifted to a week's low at $56.52 on Nov. 20. My quarterly value level is $56.81 with a monthly pivot at $59.74 and weekly risky level at $60.63.
Marvel Tech (MRVL) beat EPS estimates by 7 cents earning 24 cents a share in the afterhours on Nov. 21. The hold rated designer of high-speed broadband products popped to a new multi-year high at $14.64 on Nov. 22. My weekly value level is $13.77 with a semiannual risky level at $16.28.
Smucker (SJM) missed EPS estimates by 7 cents earning $1.52 a share premarket on Nov. 20. The hold rated maker of jellies and jams was upgraded to buy on the weakness to $99.47 and the stock rebounded to its 200-day SMA at $103.95 on Nov. 22. My semiannual value level is $102.37 with a semiannual risky level at $109.18.Fresh market (TFM) missed EPS estimates by 3 cents earning 23 cents a share in the afterhours on Nov. 21. The buy rated food retailer gapped below its 200-day SMA at $48.24 trading to a low of $40.03 with a monthly risky level at $49.75. Trina Solar (TSL) beat EPS estimates by 32 cents earning 14 cents a share premarket on Nov. 19 and the stock held its 50-day SMA at $15.30. The hold rated maker of solar energy components has a monthly value level at $14.26 with a weekly risky level at $17.23. Valspar (VAL) beat EPS estimates by 6 cents earning 97 cents a share premarket on Nov. 19. The sell rated maker of paints and coatings traded between $69.92 and $72.84 that day holding my monthly value level, now a pivot at $70.85. My semiannual value level is $68.80 with a weekly risky level at $75.93. 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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