Here's a New List of Stocks That Show Bullish or Bearish Reversal Patterns

These companies show signs of a change of direction.
Updated
Stocks quotes in this article: AU, CDE, YPF, DXCM, SRPT, THC, ZBH, CERN, NTES, AKS, SBGI, BHI, BBT, C, CFG, CMA, FNB, JPM, PNC, USB, SPR, AMD

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. (* denotes author has a short position in the name.) 

Bullish Reversals 

Basic materials: Anglogold Ashanti (AU) , Coeur Mining (CDE)

Energy: YPF (YPF)  

Health care: DexCom (DXCM) , Sarepta Therapeutics (SRPT) , Tenet Healthcare (THC) , Zimmer Biomet (ZBH)

Technology: Cerner (CERN) , NetEase (NTES)

Bearish Reversals 

Basic materials: AK Steel (AKS)

Consumer cyclical: Sinclair Broadcast Group (SBGI)

Energy: Baker Hughes (BHI)  

Financial services: BB&T (BBT) , Citigroup (C) , Citizens Financial (CFG) , Comerica (CMA) , FNB (FNB) , JPMorgan (JPM) , PNC Financial Services (PNC) , US Bancorp (USB)

Industrial: Spirit AeroSystems (SPR)

Technology: Advanced Micro Devices (AMD)

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

At the time of publication, Ortmann was short AMD, although positions may change at any time.

TAGS: Investing | U.S. Equity | Financial Services | Energy | Healthcare | Basic Materials | Consumer

More from Energy

Is Unit Corp's Quant Downgrade a Called 'Third Strike'?

Bruce Kamich

UNT has been downgraded to sell by TheStreet's Quant ratings service.

LEAPing Into Exxon Mobil With an Options Trade

Mark Sebastian

As stocks rally after ignoring the trade wars for a fourth time some money should find names such as XOM.

A Top Stock for Income Investors After Huge Earnings Beat

Nick McCullum

This Canadian energy name has paid dividends for over 64 years to its shareholders.

Royal Dutch Shell: Earnings Beat Shows New Projects Fueling Growth

Nick McCullum

The stock continues to be attractive for income investors, especially those looking for high yields above 5%.

Dominion Energy or ConEd: Dividend Achiever vs. Dividend Aristocrat

Nick McCullum

Over the past several years, Dominion's exposure to the oil and gas MLP industry has helped fuel its above-average dividend growth.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight