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

Small-Caps No Longer Own Bragging Rights Over Their Big Cousins

Jonathan Heller

Smaller stocks had outperformed large-caps for much of 2018, but now find themselves down for the year to date after a tough couple months.

Jim Cramer: Last Week's Breakdown Was Totally Dispiriting

Jim Cramer

The stocks that performed well were the stocks that you would reach for in a recession.

Jim Cramer: Fed Should Worry Less About Inflation and More About the Economy

Jim Cramer

Wabash National is a key example -- dealing with the triple whammy of higher labor costs, higher steel costs from tariffs and higher interest rates.

Jim Cramer: The Big Job-Creating Industries Have Slowed

Jim Cramer

The jobs report shows this slowdown, but perception is everything.

CyrusOne Appears Vulnerable to a Decline

Bruce Kamich

Rising interest rates and bearish signals on its charts hint at price weakness ahead for the data center REIT.

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