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Investing Ahead of Earnings: CarMax, Monsanto, Micron and Texas Industries

Stocks in this article: KMX MON MU TXI

NEW YORK (TheStreet) -- Today we crunch the numbers of four companies reporting earnings this week. Let's take a look.

CarMax (KMX) ($46.80, down 0.5% YTD): Analysts expect the retailer of used cars to report earnings per share of 53 cents a share before the opening bell on April 4. The stock traded to an all-time intraday high at $53.05 on Dec. 19 then traded down to a 2014 intraday low at $43.90 on Jan. 16. CarMax rebounded from there to its 200-day simple moving average at $48.11 on Feb. 29, moved above it to a 2014 intraday high at $49.68 on March 5. After trading back and forth around the 200-day the stock slumped to as low as $44.90 on March 27. This volatile ride has the weekly chart neutral with the stock below its five-week modified moving average at $47.14 with rising stochastics. Volatility has been around a semiannual pivot at $46.64 with quarterly, weekly and semiannual risky levels at $47.29, $49.53 and $51.13.

Monsanto (MON) ($113.77, down 2.4% YTD): Analysts expect the provider of state-of-the-art technology-based improvements in the agricultural markets to report earnings of $3.10 per share before the opening bell on April 2. The stock traded to a multiyear intraday high at $117.50 on Jan.2 then slumped to a 2014 intraday low at $104.08 on Feb. 3 which was below the 200-day SMA. Monsanto stayed below the 200-day for only three days then traded as high as $115.00 on March 21. The weekly chart is positive with its five-week MMA at $112.44. Semiannual value levels are $88.87 and $88.55 with weekly, monthly and annual risky levels at $117.43, $119.25 and $129.57.

Micron Tech (MU) ($23.66, up 8.8% YTD): Analysts expect the provider of semiconductor memory solutions to report earnings of 60 cents a share after the closing bell on April 3. The stock traded to a multiyear intraday high at $25.68 on Feb. 19 and is now below its 21-day and 50-day SMAs converged at $23.99 and $24.00. The weekly chart shifts to negative given a close this week below its five-week MMA at $23.46. Quarterly and semiannual value levels are $20.68 and $14.84 with weekly and monthly risky levels at $24.68 and $28.12.

Texas Industries (TXI) ($89.62, up 30.3% YTD): Analysts expect the supplier of construction materials including cement, concrete and steel to report a loss of 63 cents a share after the closing bell on April 2. The stock set a new multiyear intraday high at $89.94 on Monday. The weekly chart is positive but overbought with its five-week MMA at $84.24. Monday and semiannual value levels are $81.19, $62.89 and $59.01 with quarterly and weekly risky levels at $92.38 and $94.32.

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