• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Doug Kass
    • Bruce Kamich
    • Jim Cramer
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing

Bullish and Bearish Reversals for the Week

Here's a window into what institutional investors may be doing and how to profit from that.
By GUY ORTMANN
Oct 31, 2016 | 12:19 PM EDT
Stocks quotes in this article: EMN, AMX, LVLT, FCAU, OI, HSY, MO, TSS, ALXN, LMT, RSG, WM, CHKP, OC, CMCSA, GT, IP, BUD, NWL, ALLY, CEMP, DGX, EW, EXAS, HOLX, ZBH, ZTS, ABB, AOS, SWK, WAB, WNC, ARRS, WB

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.

Bullish Reversals:

Basic Materials: Eastman Chemical  (EMN)

Communication Services: America Movil  (AMX) , Livetiles  (LVLT)

Consumer Cyclical: Fiat Chrysler Automobiles (FCAU) , Owens-Illinois  (OI)

Consumer Defensive: Hershey  (HSY) , Altria  (MO)

Financial Services: Total System Services  (TSS)

Healthcare: Alexion Pharmaceuticals (ALXN)

Industrials: Lockheed Martin  (LMT) , Republic Services  (RSG) , Waste Management  (WM)

Technology: Check Point Software Technologies  (CHKP)

Bearish Reversals:

Basic Materials: Owens Corning  (OC)

Communication Services: Action Alerts PLUS holding Comcast  (CMCSA)

Consumer Cyclical: Goodyear Tire & Rubber  (GT) , International Paper  (IP)

Consumer Defensive: Anheuser-Busch InBev (BUD) , Action Alerts PLUS holding Newell Brands  (NWL)

Financial Services: Ally Financial  (ALLY)

Healthcare: Cempra  (CEMP) , Quest Diagnostics  (DGX) , Edwards Lifesciences  (EW) , EXACT Sciences  (EXAS) , Holologic  (HOLX) , Zimmer Biomet Holdings  (ZBH) , Zoetis  (ZTS)

Industrial: ABB  (ABB) , A. O. Smith (AOS) , Stanley Black & Decker  (SWK) , Westinghouse Air Brake Technologies  (WAB) , Wabash National (WNC)

Technology: ARRIS International  (ARRS) , Weibo  (WB)

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 | Stocks

More from Investing

NeoGenomics Is Ready to Turn Higher

Bruce Kamich
Apr 16, 2021 9:15 AM EDT

Here's our technical strategy.

My Favorite Day of the Month: Options Expiration Day

Bret Jensen
Apr 16, 2021 9:04 AM EDT

I have become a huge devotee of this simple option strategy. Here are two recent examples from this week.

American Eagle Outfitters Has Bullish Charts but a Sell Stop Is a Good Idea

Bruce Kamich
Apr 16, 2021 8:28 AM EDT

Let's review the charts and indicators.

China's Economy, Retail Sales, Helicopter Money, Walmart's Autonomous Vehicles

Stephen Guilfoyle
Apr 16, 2021 8:09 AM EDT

The 'organic' economy has to take over at some point, and at that point, at least in theory, demand for credit should accelerate.

China's Economy Surges 18.3% as Communist Narrative Gets Back on Track

Alex Frew McMillan
Apr 16, 2021 7:54 AM EDT

China's national economy has had a 'good start,' according to the statistics bureau, posting unprecedented growth that brings it back to pre-pandemic levels.

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.

Email

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

Already a Subscriber? Login

Columnist Conversation

  • 08:05 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    How recency bias and the Pareto Principle impact y...
  • 02:42 PM EDT PAUL PRICE

    Wednesday on Real Money Pro

    Make this stock a 'part' of your portfolio.
  • 04:44 PM EDT PAUL PRICE

    Pretty Incredible + Hard to Believe

  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2021 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

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

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.

FactSet 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.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login