Amazon, Pandora, Chipotle, 7 More Stocks Slammed After Quarterly Results

NEW YORK (TheStreet) -- Today we provide post-earnings profiles for 10 of the companies we profiled pre-earnings since mid-April. These companies have traded down by more than double-digit percentages to their reaction lows following their earnings reports.

We crunch the numbers to help you decide whether or not to buy weakness to value levels or to sell strength to risky levels.

The first table on page 2 shows the price changes from the day we profiled the stock pre-earnings vs. the May 1 closes, with the five key moving averages and weekly slow stochastics.

The second table shows the percent decline from the day we profiled the stock pre-earnings to its post-earnings intraday low, the earnings scorecard and our value levels, pivots and risky levels.


Amazon (AMZN) ($307.89, down 5.1% since April 23) hit its post-earnings low at $288.00 on April 28, down 11.3%. The stock traded as high as $354.01 in after-hours trading on April 24, giving investors the opportunity to sell strength to our semiannual risky level at $351.24. The weekly chart remains negative but oversold, with the five-week modified moving average at $328.68. Our annual value level is $259.67, with an annual pivot at $334.95, and semiannual and monthly risky levels at $351.24 and $415.57.

Chipotle Mexican Grill (CMG) ($500.15, down 7.5% since April 15) hit its post-earnings low at $472.41 on April 28, down 12.6%. The weekly chart is negative, with its five-week MMA at $533.37. A quarterly value level is $422.63, with a semiannual pivot at $510.69, and semiannual and monthly risky levels at $601.33 and $635.08.

Cree (CREE) ($46.52, down 19.2% since April 21) hit its post-earnings low at $45.10 on April 28, down 21.6%. The weekly chart remains negative but oversold, with its five-week MMA at $53.84. Semiannual and annual value levels are $39.20 and $32.52, with annual and monthly risky levels at $55.64 and $58.29.

3D Systems (DDD) ($49.64, unchanged since April 25) hit its post-earnings low at $43.35 on April 29, down 12.7%. The weekly chart remains negative but oversold, with its five-week MMA at $55.63. Our annual value level is $33.80, with an annual pivot at $52.19, and semiannual risky levels at $57.37 and $77.78.

Facebook (FB) ($61.15, down 3% since April 22) hit its post-earnings low at $54.66 on April 28, down 13.3%. The weekly chart stays negative given a close today below its five-week MMA at $60.70. This week's value level at $55.74 held at the low, and our monthly risky level is $72.69.

Intuitive Surgical (ISRG) ($359.13, down 12.6% since April 21) hit its post-earnings low at $353.38 on April 29, down 14%. The weekly chart remains negative, with its five-week MMA at $409.76 and its 200-week SMA at $422.78. A quarterly pivot is $385.68, with monthly and annual risky levels at $396.27 and $511.3.

Netflix (NFLX) ($336.52, down 2.7% since April 17) hit its post-earnings low at $299.50 on April 28, down 13.4%. The weekly chart stays negative with its five-week MMA at $356.58. Semiannual and annual value levels are $272.38 and $242.14, with a semiannual pivot at $328.21, and a monthly risky level at $430.92.

Pandora (P) ($24.71, down 12.3% since April 23) hit its post-earnings low at $21.47 on April 28, down 23.8%. The weekly chart is negative but oversold, with its five-week MMA at $28.18. Our weekly value level is $21.22, with quarterly and monthly risky levels at $28.89 and $38.45.

Panera Bread (PNRA) ($156.93, down 6.7% since April 25) hit its post-earnings low at $149.60 on April 30, down 11%. The weekly chart is negative with its five-week MMA at $169.50. Annual value levels are $149.63 and $148.94, with monthly and quarterly risky levels at $169.94 and $174.30.

Under Armour (UA)($49.18, down 6.7% since April 22) hit its post-earnings low at $45.45 on April 28, down 15.6%. The weekly chart is negative with the five-week MMA at $52.04. We show quarterly and monthly risky levels at $62.84 and $84.08.


Crunching the Numbers with Richard Suttmeier: Moving Averages & Stochastics

This table provides the technical status for the stocks profiled in today's report.

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 listed in Red are below that moving average)

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. (Even Apple declined to its 200-week SMA in June 2013.)

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. (Even Apple tested or crossed its 200-day SMA in nine of the last 10 years.)


Crunching the Numbers with Richard Suttmeier: Earnings and Where to Buy & Sell

This table presents the EPS reports and where to buy on weakness and where to sell on strength.

EPS Date is the day the company reports their quarterly results.

EPS Estimate is the earnings per share estimate from Wall Street analysts.

Value Levels, Pivots and Risky Levels are calculated based upon the last nine weekly closes (W), nine monthly closes (M), nine quarterly closes (Q), nine semiannual closes (S) and nine annual closes (A). I have one column for pivots, which is a magnet for the period shown. The columns to the left of the pivots are first and second value levels. The columns to the right of the pivots are first and second risky levels.

Investors who wish to buy a stock should use a good-until-canceled GTC limit order to buy weakness to a value level. Investors who want to sell a stock should use a GTC limit order to sell strength to a risky level.


At the time of publication the author held no positions in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff

Richard Suttmeier is the chief market strategist at ValuEngine.com. He has been a professional in the U.S. Capital Markets since 1972, transferring his engineering skills to the trading and investment world.

Suttmeier has an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, and market commentary.

Suttmeier's industry licenses include, Series 7 and Registered Principal (Series 24). He has been the Chief Market Strategist for ValuEngine.com since 2008 and often appears on financial TV.

Click here for details on Suttmeier's "Buy and Trade" investment strategy.

Richard Suttmeier can be reached at RSuttmeier@Gmail.com

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