Finding the Bullish and Bearish Reversals

Which stocks have changed direction in the past week.
Stocks quotes in this article: NKE, NWS, ACHC, AET, DVA, SRCL, CSIQ, HIMX, SPWR, VG, MGM, CPB, MOH, CAR

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: Nike (NKE) , News Corp. (NWS)

Health care: Acadia Healthcare (ACHC) , Aetna (AET) , DaVita (DVA)  

Industrials: Stericycle (SRCL)  

Technology: Canadian Solar (CSIQ) , Himax Technologies (HIMX) , SunPower (SPWR)  

Bearish Reversals: 

Communication services: Vonage (VG)  

Consumer cyclical: MGM Resorts (MGM)

Consumer defensive: Campbell Soup (CPB)

Health care: Molina Healthcare (MOH)

Industrials: Avis Budget Group (CAR)

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 | Healthcare | Telecom Services | Markets | Consumer

More from Healthcare

50-Day Line in the Sand, Don't Blame Powell, Crude Awakening: Market Recon

Stephen Guilfoyle

Plus, the chart of Novocure Limited is a real attention-grabber while the chart of Apple bears watching.

Is It Safe Now? Wall Street Bets on Science, Joy in Metville, Citi's Selloff

Stephen Guilfoyle

Electoral risk remains the monster under the bed, and it only grows as our legislators intentionally choose the blame game over honest cooperation.

Spate of Deal News Juices Start of This Week's Trading

James "Rev Shark" DePorre

We've become accustomed lately to gap-up opens on Mondays, but some fresh acquisition agreements are helping drive this Monday's action.

This Dividend Stock's Got the Right Medicine for Investors

Bob Ciura

AbbVie stock is a rare combination of value, growth, and yield, making it a unique pick in the health care sector.

Jim Cramer: Sorry to Burst Your Bubble, but the Fed Bubble Talk Isn't True

Jim Cramer

The Fed's money pumping has elevated new tech, but Jay Powell and the government haven't done any favors for many other stocks.

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