Each week we identify names that look bearish and may present interesting investing opportunities on the short side.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on bearish-looking names.
While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names.
E.W. Scripps
E.W. Scripps Co. (SSP) recently was downgraded to Hold with a C+ rating by TheStreet’s Quant Ratings.
This media company shows a decent uptrend from September, with higher highs and higher lows. However, that trend may be ending here soon, with moving average convergence divergence (MACD) on a sell signal confirmed and price about ready to break into the cloud. That’s a…