Bullish and Bearish Chart Reversals

What stocks have changed direction in the past week.
Stocks quotes in this article: CMC, NUE, SUM, AEO, COH, DIS, FINL, FIVE, GES, KMX, LEG, NCLH, PIR, SBGI, SBH, SIG, TJX, TSCO, DG, DLTR, AFL, BKU, DB, FII, MBI, TROW, UBS, WDR, WFC, ABBV, AET, BMY, ESRX, IONS, VRTX, ZIOP, ACM, COL, FAST, GE, MTW, HST, LHO, IBM, INTU, AMT, AMZN, TTM, HRL, PEP, PF, STZ, AAPL, SINA, TSM, NEE, SBS

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 

Basic Materials: Commercial Metals (CMC) , Nucor (NUE) , Summit Materials (SUM)

Consumer Cyclical: American Eagle Outfitters (AEO) , Coach (COH) , Disney (DIS) , Finish Line (FINL) , Five Below (FIVE) , Guess (GES) , Carmax (KMX) , Leggett & Platt (LEG) , Norwegian Cruise (NCLH) , Pier 1 Imports (PIR) , Sinclair Broadcasting (SBGI) , Sally Beauty Holdings (SBH) , Signet Jewelers (SIG) , TJ Maxx (TJX) , Tractor Supply (TSCO)

Consumer Defensive: Dollar General (DG) , Dollar Tree (DLTR)

Financial Services: Aflac (AFL) , BankUnited (BKU) , Deutsche Bank (DB) , Federated Investors (FII) , MBIA (MBI) , T. Rowe Price (TROW) , UBS Group (UBS) , Waddell & Reed Financial (WDR) , Wells Fargo (WFC)

Health care: AbbVie (ABBV) , Aetna (AET) , ARIA, Bristol-Myers (BMY) , Express Scripts (ESRX) , Ionis Pharmaceuticals (IONS) , Vertex Pharmaceuticals (VRTX) , Ziopharm Oncology (ZIOP)

Industrials: Aecom (ACM) , Rockwell Collins (COL) , Fastenal (FAST) , General Electric (GE) , Manitowoc (MTW) , Robert Half International RHI 

Real Estate: Host Hotels (HST) , LaSalle Hotel Properties (LHO)

Technology: IBM (IBM) , Intuit (INTU)

Bearish Reversals 

Communication Services: American Tower (AMT)

Consumer Cyclical: Amazon (AMZN) , Tata Motors (TTM)

Consumer Defensive: Hormel (HRL) , PepsiCo (PEP) , Pinnacle Foods (PF) , Constellation Brands (STZ)

Technology: Apple (AAPL) , Sina (SINA) , Taiwan Semiconductor (TSM)

Utilities: NextEra Energy (NEE) , Cia de Sanemento Basico de Estado (SBS)

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 | Financial Services | Healthcare | Consumer Discretionary | Real Estate | Technology | Consumer

More from Real Estate

Evergrande to Sell Off Assets in Bid to Stay Afloat

Alex Frew McMillan

Evergrande has reportedly struck a deal to sell 51% of its property-management arm, which would raise US$5.1 billion.

If You're Looking for a Long, Opendoor Is One of a Few on My List

Timothy Collins

This isn't the worst chart out there. In fact, it's one of the better ones.

Evergrande Provides an Excuse for a Deeper Correction in Indices and Big-Caps

James "Rev Shark" DePorre

Watch for relative strength in secondary stocks that have already undone a substantial correction while indices and big-caps catch up to the downside.

Hong Kong Market Tanks as Evergrande Property Scare Broadens

Alex Frew McMillan

The broad Chinese property sector, the mainland's largest single industry, is selling off in Hong Kong as investors try to work out which will be the next domino to fall.

Beijing Blocks Blackstone, Backs Ant Consumer-Loans Breakout

Alex Frew McMillan

The campaign against Big Tech continues in China, where Ant will likely have to carve out its consumer-loans business.

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