These 16 Stocks Look Ready to Reverse

Tesla and General Motors are among this week's names showing reversal patterns.
Stocks quotes in this article: CPE, CPG, MUR, QEP, WPX, FLR, SM, NTES, NYT, TSLA, SNY, GM, KTOS, RLGY, CHKP, KEM

Below is a list of names for those charts we believe 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: Callon Petroleum (CPE) , Crescent Point Energy (CPG) , Murphy Oil (MUR) , QEP Resources (QEP) , WPX Energy (WPX)

Industrials: Fluor Corp. (FLR) , SM Energy (SM)

Technology: NetEase (NTES)

Bearish Reversals:

Consumer Cyclicals: New York Times Co. (NYT) , Tesla (TSLA)

Healthcare: Sanofi (SNY)

Industrials: General Motors (GM) , Kratos Defense & Security Solutions (KTOS)

Real Estate: Realogy Holdings (RLGY)

Technology: Check Point Software Technologies (CHKP) , Kemet Corp. (KEM)

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 any securities mentioned.

TAGS: Investing | U.S. Equity | Stocks

More from Investing

Hop on Six Flags Shares and Enjoy the Dividend Ride

Chris Versace

The big operator of theme parks and waterparks is entering the best part of its year and should continue to produce higher dividends as it moves forward.

Everything Cannabis Investors Need to Know About This Year's 420 'Holiday'

Debra Borchardt

Sales for Pot Holiday 420 will get rolling early this year. Any cannabis investor should pay attention.

Taiwan Semi's Upbeat Outlook Is Welcome News for Chip Stocks -- Tech Check

Eric Jhonsa

At a time when chip stocks have done much to price in a second-half recovery, TSMC avoided doing anything to spoil the fun.

Bears Suffer Another Setback Heading Into the Heart of Earnings Season

James "Rev Shark" DePorre

With a friendly Fed, a tight labor market and data like March retail sales, the chances for upside surprises are good.

Be Careful With Healthcare Stocks Here

Jim Collins

Especially when healthcare CEOs discus political issues with analysts and reporters.

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