Bullish and Bearish Reversals in the Market

Which stocks have shown these patterns in the past week.
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

Something to Chew-y On: Stocks to Watch This Week

Dave Butler

Aside from FedEx, here are several restaurant and food (including pet food) companies reporting earnings to watch this week.

Tailored Brands' Dividend Disappears -- Try On This Alternative Dividend Stock

Chris Versace

Hanesbrands is one consumer cyclical offering a 3.8% dividend yield.

Why Selling Stocks at Random Produces Better Returns

James "Rev Shark" DePorre

It is managing the trade and deciding when to reduce positions that impact results far more than anything else.

Market's Pretty Face Hides All the Week's Drama Underneath

James "Rev Shark" DePorre

The S&P 500 gained nearly 1% and the Dow Jones industrial average is up about 1.5%, but look at all that went on under the hood this week.

McDonald's Will Fight Back: Here's How to Get in the Ring

Mark Sebastian

Play MCD's trend for a rebound.

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