• 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
  3. / Stocks

Bullish and Bearish Reversals in the Market

Which stocks have shown these patterns in the past week.
By GUY ORTMANN
Nov 07, 2016 | 12:16 PM EST
Stocks quotes in this article: CCJ, NUE, ELY, LGF, SYY, CNO, ADP, CAR, SWHC, UTX, SQ, MSI, AXL, KAR, BABA, WYNN, ABEV, HLF, KHC, ALJ, NFX, WPZ, ENDP, ATVI, FB, GRUB, YY

Here is a list of names for those charts we feel are showing technical characteristics of either bullish or bearish reversal patterns 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 

Basic materials: Cameco (CCJ) , Nucor (NUE)  

Consumer cyclical: Callaway Golf (ELY) , Lions Gate Entertainment (LGF)  

Consumer defensive: Bunge BG, Sysco (SYY)  

Financial services: CNO Financial Group (CNO)

Industrials: Automatic Data Processing (ADP) , Avis Budget Group (CAR) , Smith & Wesson (SWHC) , United Technologies (UTX)

Technology: Motorola Solutions (MSI) , Square (SQ)

Bearish Reversals 

Consumer cyclical: American Axle & Manufacturing (AXL) , Alibaba (BABA) , KAR Auction Services (KAR) , Wynn Resorts (WYNN)

Consumer defensive: Ambev S.A. American Depositary Shares (ABEV) , Herbalife (HLF) , Kraft Heinz (KHC)

Energy: Alon USA Energy (ALJ) , Newfield Exploration (NFX) , Williams Partners (WPZ)

Health care: Endo International (ENDP)

Technology: Activision Blizzard (ATVI) , Facebook (FB) , GrubHub (GRUB) , YY (YY)

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: U.S. Equity | Stocks | Investing

More from Stocks

Updating Qualcomm's Break to the Downside

Bruce Kamich
Feb 24, 2021 1:05 PM EST

How do the charts look now?

Luminar Technologies Is Likely to Give Back All of its Gains

Bruce Kamich
Feb 24, 2021 12:28 PM EST

Let's look at the charts and indicators.

Here's the Boeing Trade I Made Today

Timothy Collins
Feb 24, 2021 12:06 PM EST

I love this chart and I'm woefully underexposed in this area.

I Don't Want to Get Cornered Into Square

Stephen Guilfoyle
Feb 24, 2021 11:48 AM EST

Here's why the company's move with bitcoin just doesn't square well with my investing views.

Stock Picking Loses Some Energy as Interest Rates Surge

James "Rev Shark" DePorre
Feb 24, 2021 11:36 AM EST

The frenzy in certain sectors, such as bitcoin-related names, isn't as hot as last week but there is still a good amount of trading.

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

  • 08:36 AM EST GARY BERMAN

    Wednesday Morning Fibocall for 2/24/2021

    SPX (Long-Term View) The 2/16 HIGH @ 3950.43 is ...
  • 08:30 AM EST GARY BERMAN

    Tuesday Morning Fibocall for 2/23/2021

    SPX (Long-Term View) The 2/16 HIGH @ 3950.43 is ...
  • 04:52 PM EST CAROLYN BORODEN

    WMT Updated

    View Chart » View in New Window » Since we vio...
  • 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