We're Seeing These Market Reversals

Which stocks are trending bearish, which are going bullish.
Stocks quotes in this article: CHS, DRI, VIPS, CHD, DG, K, NLSN, WUBA, PE, YELP, CRUS, AKAM

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 

Consumer cyclical: Chico's (CHS) , Darden Restaurants (DRI) , Vipshop Holdings (VIPS)  

Consumer defensive: Church & Dwight (CHD) , Dollar General (DG) , Kellogg (K)  

Industrials: Nielsen Holdings (NLSN)

Technology: 58.com (WUBA)

Bearish Reversals 

Energy: Parsley Energy (PE)

Technology: Akamai (AKAM) , Cirrus Logic (CRUS) , Yelp (YELP)

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 had no positions in the stocks mentioned.

TAGS: Investing | U.S. Equity | Energy | Consumer Staples | Consumer Discretionary | Technology | Markets | Stocks

More from Energy

Names in Gaming and Energy That Insiders Are Betting On

Bret Jensen

MGM Resorts International and Energy Partners are in unrelated businesses but have a spate of recent insider purchases in common.

Did Trump Just Pull an April Fool's Trick With the Oil Market?

Maleeha Bengali

This is a big selling opportunity in the European oil majors.

Jim Cramer: Here Are the Quarter's Winners, Losers

Jim Cramer

The five best performing and worst performing stocks in the S&P 500 in the previous quarter pretty much tells the tale of the tape, so here goes.

The Energy Select Sector SPDR Fund Is Showing Signs of a Coming Rebound

Bruce Kamich

Let's review the charts and indicators of XLE.

Crude Oil Futures Look Ready to Rally Despite News Backdrop

Bruce Kamich

Have stories about today's prices and not tomorrow's supply/demand possibilities set the stage for a rebound?

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