Change of Character: Spotting the Shift From Downtrend to Uptrend

David Keller
by David Keller,
President and Chief Strategist, Sierra Alpha Research

Dave explains how to identify a true “change of character” when a stock transitions from a distribution phase into a new accumulation uptrend. Using Mastercard and Carnival Cruise Lines as real-time examples, he walks through the signals he relies on—higher highs/higher lows, reclaiming key moving averages, and RSI strength above 60—to validate the rotation. Dave also shows how to use StockCharts scans, alerts, and scheduled scans to find the next breakout before it becomes obvious.

This video premiered on December 15, 2025. Watch on StockCharts' dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

Indicators Market Analysis How To Tips & Tricks Equities
David Keller
About The Author:

David is President and Chief Strategist at Sierra Alpha Research LLC, where he helps active investors make better decisions using behavioral finance and technical analysis. He is a former President of the CMT Association. Learn More 

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StockCharts Insider: John Murphy’s Law #11 - Keep At It (The Hidden Curriculum of Technical Analysis)

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Best five sectors in stock market

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If Value Is Really Back, These Two Stocks Will Tell Us First

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Traffic light: an approach to trend changes

Is the S&P 500 Stuck in Neutral? A Traffic Light Approach to Trend Changes

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