Bullish and Bearish Reversals for the Week

These names show technical characteristics of bullish or bearish reversal patterns.
Stocks quotes in this article: T, VZ, LULU, TPH, COST, FLO, GIS, BTE, CPG, XOM, RBS, EVHC, AME, BDN, RLGY, NRG, FOX, LVS, MPEL, EDU, NOC

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.

Bullish Reversals:

Communication Services: AT&T (T) , Verizon Communications (VZ)

Consumer Cyclicals: lululemon athletica (LULU) , TRI Pointe Group (TPH)

Consumer Defensives: Costco Wholesale (COST) , Flowers Foods (FLO) , General Mills (GIS)

Energy: Baytex Energy (BTE) , Crescent Point Energy (CPG) , Exxon Mobil (XOM)

Financial Services: Royal Bank of Scotland (RBS)

Health Care: Envision Healthcare Services (EVHC)

Industrials: Ametek (AME)

Real Estate: Brandywine Realty Trust (BDN) , Realogy Holdings (RLGY)

Utilities: NRG Energy (NRG)

Bearish Reversals:

Consumer Cyclicals: Twenty-First Century Fox (FOX) , Las Vegas Sands (LVS) , Melco Crown Entertainment (MPEL)

Consumer Defensives: New Oriental Education & Technology Group (EDU)

Industrials: Northrop Grumman (NOC)

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 any securities mentioned.

TAGS: Investing | U.S. Equity | Markets | Stocks

More from Investing

5 Thoughts on Salesforce's Reported Interest in Acquiring Slack

Eric Jhonsa

Salesforce could see value both in how Slack is used to collaborate with co-workers and in how it's increasingly used to engage with customers.

The Trimmings Are Where It's at During Thanksgiving Trading

James "Rev Shark" DePorre

Despite indexes dipping, trades could be found in cannabis, China names and special purpose acquisition companies.

Slack Soars on Sale Chatter, but Will a Trade 'WORK'?

Bruce Kamich

Reports of a potential buy by Salesforce.com moved the stock, but it's a tough call.

Put the Pedal to the Metal on Silver

Mark Sebastian

Here's a play in this precious metal exchange traded fund trust.

Bunge Offers Long-Term Growth and an Attractive Dividend Yield

Bob Ciura

This agriculture name stands out from a quality perspective.

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