NEW YORK (TheStreet) -- While most traders will be focused the good or bad earnings news from auto maker Tesla Motors (TSLA) with its stock trading above $200 for the first time, our preview is diversified with three companies in the retail-wholesale sector and seven are in other sectors.
For more than 10 years family-oriented restaurant chain Denny's (DENN) has been a turnaround story and the stock set a multiyear intraday high at $7.51 on Nov. 26, which was the first time the stock tested $7.50 since October 1998. Weakness in Denny shares have tested and held its 200-day simple moving average several times over the last two years including the low of $6.29 set on Feb. 7 with the 200-day SMA at $6.31.
Denny's ($6.50): Analysts expect earnings of 8 cents a share. The stock held its 200-day SMA at $6.31 on Feb. 7 and again on Tuesday. The weekly chart is negative with its five-week MMA at $6.76 and its 200-week SMA at $4.52. The stock has a gain of 15% over the last 12 months. The stock is above a semiannual pivot at $6.32 and below a wall of monthly, quarterly and semiannual pivots and risky levels at $6.75, $7.37 and $7.39.
Avis Budget (CAR) ($38.92): Analysts expect the car rental company to earn 12 cents a share. The stock traded to a multiyear intraday high at $42.48 on Jan. 16 then traded as low as $35.56 on Feb. 3 staying above its 200-day SMA at $32.83. The weekly chart is neutral with its five-week modified moving average at $38.53 and its 200-week SMA at $19.16. The stock has a gain of 63.3% over the last 12 months. Monthly and semiannual value levels are $33.51, $32.24 and $30.84 with a quarterly risky level at $40.57.
Curtiss-Wright (CW) ($64.51): Analysts expect the aerospace company to report earnings of 96 cents a share. The stock has gone parabolic since mid-2013 and set an all-time intraday high at $66.33 on Jan. 21 then declined to $57.72 on Feb. 5 well above its 200-day SMA at $47.41. The weekly chart is neutral with its five-week MMA at $61.43 and its 200-week SMA at $35.90. The stock has a gain of 75.6% over the last 12 months. My annual value level is $56.71 with a monthly risky level at $64.54 which was tested on Tuesday.
EarthLink (ELNK) ($4.36): Analysts expect the Internet service provider to report a loss of 19 cents a share. The stock traded to a multiyear intraday low at $4.01 on Feb. 5 and is below its 200-day SMA at $5.36. The weekly chart is negative but oversold with its five-week MMA at $4.58 and its 200-week SMA at $7.06. The stock is down 37.1% over the last 12 months. Annual value levels are $3.35 and $2.42 with a monthly pivot at $4.43 and semiannual and quarterly risky levels at $5.23, $5.94 and $6.85.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV