Not all stocks beat their earnings estimates. Some that miss are taken to the woodshed with their share price chopped towards value levels. Today's woodshed stocks reflect small business and consumer concerns.
Stratasys ( SSYS) ($77.25) plunged on the popping of the bubble in 3D print companies. The stock traded as high as $92.30 on Jan. 22 and as low as $76.40 on Jan. 29, still well above its 200-day SMA at $61.60. My semiannual value level is $69.09 with a monthly pivot at $77.52 and weekly risky level at $87.07. Seagate Technology ( STX) ($33.89) beat EPS estimates by 11 cents, earning $1.38 per share, but the company warned, and the stock fell from $37.41 at the close on Jan. 28 to a low of $33.60 on Jan. 29. The stock has a buy rating and remains above its 200-day SMA at $29.16. My quarterly value level is $29.58 with a semiannual pivot at $34.43 and weekly risky level at $39.57. VMware ( VMC) ($77.65) missed EPS estimates and plunged from $98.32 at Monday's close to a low of $76.33 on Jan. 29, breaking below the 200-day SMA at $93.84. My monthly value level is $71.52 with a semiannual risky level at $82.46. At the time of publication the author held no positions in any of the stocks mentioned.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.