Bullish and Bearish Reversals for the Week

 | Feb 06, 2017 | 12:00 PM EST
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

gold

,

ssri

,

mjn

,

dplo

,

agn

,

abt

,

data

,

infn

,

mdu

,

nue

,

ip

,

atw

,

cnx

,

met

,

amtd

,

ew

,

ups

Below is a list of names for those charts we feel are showing technical characteristics of either bullish or bearish reversal patterns that occurred over the past week. Bullish reversals imply institutional accumulation and the potential for higher prices. Bearish reversals imply institutional distribution and the potential for lower prices. Each group is listed by sector affiliation. Please feel free to contact the author for further details. 

Bullish Reversals 

Basic materials: Randgold Resources (GOLD) , Silver Standard Resources (SSRI)

Consumer defensive: Mead Johnson Nutrition (MJN)  

Health care: Abbott Labs (ABT) , Allergan (AGN) , Diplomat Pharmacy (DPLO)

Technology: Tableau Software (DATA) , Infinera (INFN)

Bearish Reversals 

Basic materials: MDU Resources (MDU) , Nucor (NUE)

Consumer cyclical: International Paper (IP)

Energy: Atwood Oceanics (ATW) , Consol Energy (CNX)

Financial services: TD Ameritrade (AMTD) , MetLife (MET)

Health care: Edwards Lifesciences (EW)  

Industrial: United Parcel Service (UPS)

Columnist Conversations

Panera continues to power higher today. The stock has been gaining since the early going and is now near the h...
I've been beefing up positions in Sall Beauty Holdings (SBH) shares and selling (shorting) more SBH puts to ta...
The daily charts are finally indicating we may have a more important high in place with the March time c...
Morgan Stanley is getting pounded today. The stock is off over 4.2%, its biggest one day drop since last summe...

BEST IDEAS

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.