Investment services company Zacks expects Chiquita Brands International (NYSE: CQB) to underperform in the coming weeks on the stock market, due to technical factors and perceived investor expectations.

Zacks highlighted the stock's 50-day moving average recently fell below the 200-day simple moving average, which suggests short-term bearishness.

"This has already started to take place, as the stock has moved lower by 5.6% in the past four weeks. And with the recent moving average crossover, investors have to think that more unfavorable trading is ahead for CQB stock," Zacks said.

"If that wasn't enough, Chiquita isn't looking too great from an earnings estimate revision perspective either. It appears as though many analysts have been reducing their earnings expectations for the stock lately, which is usually not a good sign of things to come.

"Consider that in the last 30 days, 1 estimate has been reduced, while none have moved higher. Add this in to a similar move lower in the consensus estimate, and there is plenty of reason to be bearish here."

Zacks said this is why it had given Chiquita a Zacks Rank #5 (Strong Sell).

"So either avoid this stock or consider jumping ship until the estimates and technical factors turn around for CQB," Zacks said.

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