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.