These Stocks Are Showing Reversal Patterns

A look at stocks seeing bullish and bearish reversal characteristics over the past week.
Stocks quotes in this article: FOX, HRG, RGC, UPL, MDT, SIG

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:  

Consumer Cyclicals: Twenty-First Century Fox (FOX) , HRG Group (HRG) , Regal Entertainment Group (RGC)

Energy: Ultra Petroleum (UPL)

Healthcare: Medtronic (MDT)

Bearish Reversals:

Consumer Cyclicals: Signet Jewelers (SIG)

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, Ortman had no positions in any stocks mentioned.

TAGS: Consumer Discretionary | Technology | Healthcare | Consumer | Entertainment | Stocks | Investing | U.S. Equity

More from Consumer Discretionary

Polaris Needs to Attract Aggressive Buyers of Its Stock

Bruce Kamich

There are enough bearish signals from the technical indicators to keep from going long in shares of the maker of powersports vehicles.

It Is Paying to Be Active Rather Than Passive With These Value Portfolios

Jonathan Heller

With a month to go for these portfolios, the Active version is outperforming the Passive one, though both are crushing their Russell kindred.

Real Opportunities in Real Estate Continue to Pop Up

Bret Jensen

Beazer Homes USA and JBG Smith Properties are two names that are worth looks in the real estate sector.

Shares of Peloton Look Vulnerable to a Decline

Bruce Kamich

Let's see what the charts have to say.

Apparel Retailer The Buckle Is Likely to Continue Struggling

Bruce Kamich

The charts and indicators of BKE are not inspiring.

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