Bullish and Bearish Reversals in the Market

Charts showing up or down trends in the past week.
Stocks quotes in this article: GME, SBUX, SCI, CPB, LOW, HFC, RDC, WETF, TXMD, FLR, DAR, AWK, IGT, SPGI, TMO

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 

Consumer Cyclical: GameStop (GME) , Lowe's (LOW) , Starbucks (SBUX) , Service Corp. International (SCI)

Consumer Defensive: Campbell Soup (CPB)

Energy: HollyFrontier (HFC) , Rowan Companies (RDC)

Financial Services: Wisdom Tree Investments (WETF)

Health care: TherapeuticsMD (TXMD)

Industrials: Darling Ingredients (DAR) , Fluor (FLR)

Utilities: American Water Works (AWK)

Bearish Reversals 

Consumer Cyclical: International Game Technology (IGT)

Industrial: S&P Global (SPGI)

Health care: Thermo Fisher Scientific (TMO)

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 | Healthcare | Consumer | Stocks

More from Healthcare

Prospective Pickings Are Slim for This Annual Portfolio of Unloved Losers

Jonathan Heller

The current candidates for the 2022 Tax-Loss Selling Recovery Portfolio are few and far between, with only a couple households names in the bunch.

Here's Why Paratek Pharmaceuticals Is the Only Antibiotic Name in My Portfolio

Bret Jensen

The economics of this space is not nearly as favorable as the outcomes these drugs achieve in medical settings.

3 Smaller Healthcare Stocks That Still Look Like Values in a Pricey Market

Bret Jensen

ProQR Therapeutics, Oscar Health and Hims & Hers Health appear to have promising futures.

I'm in the Buy and Hold Category With FIGS

Timothy Collins

FIGS has become the trendy play for scrubs.

A 'Trip' to the Boardroom: A Look at Psychedelic Med's Top Players

Debra Borchardt

To help readers navigate this mushrooming opportunity, I've put together a list of the top corporate leaders in the field.

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