The Retail Bubble Stocks are Deflating

Tickers in this article: AMZN COST IYC LOW WMT

Family Dollar (FDO) ($62.60 vs. $69.01 on Nov. 29 and $68.52 on Oct. 17): Set an all-time high at $74.73 on June 14. FDO is 6.6% undervalued, still has a buy rating and a reasonable trailing 12 months P/E at 16.9. The daily chart is oversold with the 50-day and 200-day SMAs at $66.88 and $65.91. The weekly chart stays negative on a close this week below the five-week MMA at $66.01. My semiannual value level is $62.16 with a weekly risky level at $68.45.

Home Depot (HD) ($61.14 vs. $64.83 on Nov. 29 and $60.86 on Oct. 17): Set a new multi-year high at $65.92 on Dec. 3 versus its all-time high of $70.00 set in April 2000. HD is 9.6% overvalued, still has a buy rating and a slightly elevated trailing 12 months P/E at 20.7. The daily chart is oversold with the 50-day and 200-day SMAs at $62.48 and $55.37. The weekly chart stays negative on a close this week below the five-week MMA at $62.05. My quarterly value level is $58.83 with a weekly risky level as $64.12.

Lowes (LOW) ($35.20 vs. $35.77 on Nov. 29 and $32.35 on Oct. 17): Set an all-time high at $36.47 on Dec. 3. LOW is 21.3% overvalued, still has a buy rating and a slightly elevated trailing 12 months P/E at 20.1. The daily chart is neutral with the 50-day and 200-day SMAs at $33.78 and $30.01. The weekly chart is overbought with the five-week MMA at $34.13. My quarterly value level is $31.01 with an annual pivot at $34.45 and weekly risky level and $36.97.

Monster Beverage (MNST) ($52.02 vs. $51.36 on Nov. 29 and $58.42 on Oct. 17): Set an all-time high at $83.96 on April 30. MNST is 10.2% undervalued, still has a strong buy rating and an elevated trailing 12 months P/E at 27.3. The daily chart is negative with the 50-day and 200-day SMAs at $49.76 and $60.91. The weekly chart stays positive with a close this week above the five-week MMA at $51.36. My semiannual value level is $37.68 with a weekly pivot at $52.60 and monthly risky level at $57.24.

Constellation Brands (STZ) ($34.79 vs. $35.36 on Nov. 29 and $35.78 on Oct. 17): Set an all-time high at $36.98 on Oct. 17. STZ is 23.3% overvalued, still has a buy rating and a reasonable trailing 12 months P/E at 14.8. The daily chart is negative with the 50-day and 200-day SMAs at $35.36 and $28.34. The weekly chart shifts to negative with a close this week below the five-week MMA at $35.06. My annual value level is $31.07 with a weekly pivot at $35.13 and monthly risky level at $36.09.

TJX (TJX) ($41.23 vs. $44.04 on Nov. 29 and $43.10 on Oct. 17): Set an all-time high at $46.67 on Aug 29. TJX is 2.5% undervalued, still has a buy rating and a reasonable trailing 12 months P/E at 17.2. The daily chart is negative with the 50-day and 200-day SMAs at $42.62 and $42.79. The weekly chart stays negative with a close this week below the five-week MMA at $42.56. My semiannual value level is $35.85 with a weekly risky level at $44.36.