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

A Deeply Undervalued Dividend Stock From the North

Nick McCullum

With its high dividend yield, Manulife investors are paid well to be patient.

Facebook's Libra Cryptocurrency Project: 7 Key Things Investors Should Know

Eric Jhonsa

Facebook put a lot of work into laying the foundations for its Libra cryptocurrency project. However, its strategy for monetizing Libra is a very long-term one.

Drink Up Aqua America on a Shallow Dip

Bruce Kamich

WTR has climbed steadily higher this year and further gains probably lie ahead.

Estee Lauder's Gains More Than Skin Deep

Bruce Kamich

Expect EL to trade sideways for a while before pushing up to new highs.

PetIQ May Unleash Recovery-Rally in Months Ahead

Bruce Kamich

The key question for PETQ is whether it's seen enough new buying or accumulation since January to support a rally to around $41.

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