Norfolk Southern ($106.22) set an all-time intraday high at $106.37 on Monday, and is above all five moving averages in the first "crunching the numbers" table.
Analysts expect the company to report EPS of $1.74 before the opening bell on Wednesday. The company's 12-month trailing P/E ratio is 17.5, with a dividend yield of 2%.
The weekly chart is positive but overbought, with its five-week MMA at $103.16. Monthly and semiannual value levels are $105.43 and $105.19, respectively, with a weekly risky level at $107.61.
Owens Corning ($36.99) has been below its 200-day SMA at $40.18 since June 20, trading as low as $36.40 on July 17.Analysts expect the company to report EPS of 47 cents before the opening bell on Wednesday. The company's 12-month trailing P/E ratio is 21.3, with a dividend yield of 1.7%. The weekly chart is negative but oversold, with its five-week MMA at $38.74 and its 200-week SMA at $35.18. A weekly pivot is $36.99, with semiannual risky levels at $42.97 and $44.31. 40% Would Quit Their Jobs for Better Health Care Why Yahoo's Marissa Mayer Is 2014's Top CEO By a Landslide Pepsico ($89.91) set an all-time high at $91.39 on July 14, and it is above all five moving averages in the first "crunching the numbers" table. Analysts expect the company to report EPS of $1.23 before the opening bell on Wednesday. The company's 12-month trailing P/E ratio is 20.7, with a dividend yield of 2.9%. The weekly chart is positive but overbought, with its five-week MMA at $88.85. Monthly and semiannual value levels are $85.50 and $84.83, respectively, with a quarterly pivot at $90.64, and semiannual and weekly risky levels at $91.53 and $93.01, respectively.
Crunching the Numbers with Richard Suttmeier: Moving Averages & Stochastics This table provides the technical status for the stocks profiled in today's report. The 12-month trailing price to earnings ratio The dividend yield There are five columns with moving average titles: Five-Week Modified Moving Average, 21-Day Simple Moving Average, 50-Day Simple Moving Average, 200-Day Simple Moving Average and the 200-Week Simple Moving Average. The column labeled 12x3x3 Weekly Slow Stochastics shows the pattern on each weekly chart with readings from Oversold, Rising, Overbought, Declining or Flat. Interpretations: Stocks below a moving average are listed in red. Five-Week Modified Moving Average (MMA) is one of two indicators that define whether or not a weekly chart profile is positive, neutral or negative. The other is the status of the 12x3x3 weekly slow stochastic. A stock with a positive technical rating is above its five-week MMA with rising or overbought stochastics. A stock with a negative technical rating is below its five-week MMA with declining or oversold stochastics. A stock with a neutral technical rating has a profile that is not positive or negative. The 200-Week Simple Moving Average (SMA) is considered a long-term technical support or resistance and as a "reversion to the mean" over a rolling three to five year horizon. The 21-Day Simple Moving Average is a short-term technical support or resistance used by many hedge fund traders to adjust positions. A stock above its 21-day SMA will likely move higher over a rolling three to five day horizon and vice versa. The 50-Day Simple Moving Average is also a technical support or resistance used by many strategists and commentators in financial TV. The 200-Day Simple Moving Average is another technical support or resistance and I consider this level as a shorter-term "reversion to the mean" over a rolling six to 12 month horizon. Up next: more buy-and-sell charts.
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