Six stocks ready to reverse

By Kristoff De Turck

Last update: Mar 14, 2023

'READY TO REVERSE' STOCKS - Mean Reversion Strategy based on Bollinger Bands.

TENABLE HOLDINGS INC | NASDAQ:TENB

GICS Sector: Information Technology
GICS Industry: Software

Next Earnings | 2023-04-24/amc

GLOBAL-E ONLINE LTD | NASDAQ:GLBE

GICS Sector: Consumer Discretionary
GICS Industry: Internet & Direct Marketing Retail

Next Earnings | N/A

GARMIN LTD | NYSE:GRMN

GICS Sector: Consumer Discretionary
GICS Industry: Household Durables

Next Earnings | N/A

ZILLOW GROUP INC - C | NASDAQ:Z

GICS Sector: Real Estate
GICS Industry: Real Estate Management & Development

Next Earnings | 2023-05-03/amc

REVOLUTION MEDICINES INC | NASDAQ:RVMD

GICS Sector: Health Care
GICS Industry: Biotechnology

Next Earnings | 2023-05-08/amc

RIOCAN REAL ESTATE INVST TR | TSX:REI-UN

GICS Sector: Real Estate
GICS Industry: Equity Real Estate Investment Trusts (REITs)

Next Earnings | N/A

Full stock screening list on 2023/03/14 (before market open)

*'Ready to reverse' consist of stocks manually selected from a ChartMill mean reversion screening filter. After a decline, the stock made a reversal pattern at the level of the lower bollinger band with a close above it. In doing so, the buying volume was higher than the selling volume on the second-to-last trading day. *

DISCLAIMER | This is by no means actual trading advice to trade or invest in this stock. This is merely a trading idea to show you some typical screening results from the ChartMill stock screening software. The author has no pre-existing position in any of these stocks.