These Stocks Show a Change of Direction

Finding bullish and bearish reversals in the market.
Stocks quotes in this article: APA, SWFT, BBRY, GNTX, KATE, NCLH, ROST, SEAS, SC, TSRO, CLVS, VNTV, RHI, AAOI, ADI, XLNX

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 

Energy: Apache (APA)  

Industrials: Swift Transportation (SWFT)

Technology: BlackBerry (BBRY)  

Bearish Reversals 

Consumer cyclical: Gentex (GNTX) , Kate Spade (KATE) , Norwegian Cruise Line (NCLH) , Ross Stores (ROST) , SeaWorld (SEAS)

Financial services: Santander Consumer (SC)

Health care: Clovis Oncology (CLVS) , Tesaro (TSRO)

Industrials: Robert Half International (RHI) , Vantiv (VNTV)

Technology: Applied Optoelectronics (AAOI) , Analog Devices (ADI) , Xilinx (XLNX)

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 | Healthcare | Industrials | Markets | Gaming | Stocks

More from Energy

Where to Find Value in a Seemingly Valueless World? Energy and Brazil

Jim Collins

If you're looking for exposure outside the U.S., and to protect yourself from raging inflation on a global basis, here it is.

Clean Energy Fuels Corp Is Poised to Rally Much Further

Bruce Kamich

Aggressive traders could go long CLNE at current levels

Jim Cramer: Not Every Big Mover Is a 'Meme' Stock

Jim Cramer

I've got a couple names that prove that Reddit's WallStreetBets' power over stocks is way overestimated.

Big Oil Isn't Going Anywhere, So Ignore It at Your Own Peril

Jim Collins

Exxon Mobil continues to move forward with oil discoveries outside the U.S. as much of the world remains caught in an energy poverty trap.

Dancing With Shadows, Curve Compression, Small-Caps Uncapped, Oil Floats Higher

Stephen Guilfoyle

Plus, the Senate passes a big, fat bill to promote the nation's ability to compete on the technology innovation front.

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