This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Apple, Netflix, 5 Other Momentum Stocks Rebound From Lows

Stocks in this article: AAPLAMZNGOOGLLNKDNFLXSSYSTSLA

NEW YORK (TheStreet) -- The seven momentum stocks I profile today set all-time highs between September 2012 and March 14. Although they are still down between 13% and 41% from these highs, the seven are up between 4.2% and 20% since setting their 2014 lows.

When investing in volatile momentum stocks it is important to track the five key moving averages and the weekly slow stochastics we provide in our first "crunching the numbers" table.

Our second "crunching the numbers" table provided today includes additional statistics including, the all-time intraday high, the date of that high, the percent decline to Monday's closes and the percent gain from the 2014 lows. All of that is in addition to the value levels at which to buy on weakness and the risky levels at which to sell on strength.

We crunched the numbers to help you decide if and when to invest. Here are the seven profiles, and today's 'Crunching the Numbers' tables follow.

Apple  (AAPL) ($592.52) is up 5.7% year to date after a decline of 16% from the all-time intraday high at $705.07 set on Sept. 21, 2012. Apple's 2014 intraday low was $493.55 on Jan. 31, and the stock is up 20% since then.

The weekly chart is positive with the five-week modified moving average at $563.04. Our annual pivot at $517.05 provided buying opportunities into mid-April. Since then, our second annual pivot at $586.06 has been a magnet. Semiannual risky levels are $657.40 and $666.94.

Amazon.com (AMZN) ($302.86) is down 24% year to date with a decline of 26% since setting its all-time intraday high at $408.06 on Jan. 22. Amazon's 2014 intraday low was $284.38 on Friday, and the rebound since then is 6.5%.

The weekly chart is negative but oversold with its five-week MMA at $317.70. Weekly and annual value levels are $260.68 and $259.67, respectively, with annual and semiannual risky levels at $334.95 and $351.24, respectively.

Google  (GOOGL) ($538.43) is down 4% year to date with a decline of 13% since setting its all-time intraday high at $615.05 on Feb. 26. Google's 2014 intraday low was $511.00 on April 28, and the rebound since then is 5.4%.

The weekly chart is negative but oversold with its five-week MMA at $544.55. Annual and weekly value levels are $489.53 and $484.31, respectively, with an annual pivot at $522.17 and quarterly and monthly risky levels at $562.40 and $668.46, respectively.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • 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 Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs