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The following is a list of stocks that have recently seen their 50-day moving average cross below their 200-day moving average. This technical signal, called the "death cross", is often an indication that investor sentiment has shifted from the bulls to the bears

In addition, all of these stocks have seen worsening analyst sentiment over the last three months.

Analyst ratings ratings are presented on a linear scale, with ratings close to 1 indicating "Strong Buy", while ratings close to 5 indicate "Strong Sell". All of the stocks mentioned here have seen their ratings move closer to 5 over the last three months, i.e. worsening analyst sentiment.

Is this pessimism justified? If you're a contrarian, this excessive negativity might raise a flag.

We last wrote about this screen on October 25, 2010. On that day, the screen produced 15 companies. Since then, 11 out of 15 companies mentioned in that article have outperformed the S&P 500 index (a success rate of 73.33%). The screen averaged a return of 8.92% vs. an index return of 4.63%. Click here to access a full breakdown of the screen's past performance.

Analyst ratings sourced from Reuters, moving average and short float data sourced from Finviz.

Interactive Chart: Press Play to compare analyst ratings for the top five stocks mentioned below. Analyst ratings have been sourced from Zacks (differs from the Reuters ratings used below). Note: The numbers on top of the items represent the forward P/E ratio.

The list has been sorted by the change in analyst ratings over the last three months.

1. Sun Bancorp Inc. (NASDAQ:SNBC): Regional Bank. Market cap of $213.02M. SMA50 at $4.54 vs. SMA200 at $4.67 (current price at $4.24). Current analyst rating at 3 vs. a rating of 1.5 three months ago. Short float at 0.7%, which implies a short ratio of 3.68 days. The stock has gained 18.44% over the last year.

2. Rimage Corp. (RIMG): Computer Peripherals Industry. Market cap of $146.65M. SMA50 at $16.09 vs. SMA200 at $16.1 (current price at $15.34). Current analyst rating at 2 vs. a rating of 1.5 three months ago. Short float at 2.29%, which implies a short ratio of 7.16 days. The stock has lost -2.73% over the last year.

3. Oclaro, Inc. (NASDAQ:OCLR): Semiconductor Equipment & Materials Industry. Market cap of $604.81M. SMA50 at $11.96 vs. SMA200 at $12.53 (current price at $12.14). Current analyst rating at 2.14 vs. a rating of 1.62 three months ago. Short float at 12.37%, which implies a short ratio of 4.1 days. The stock has gained 74.68% over the last year.

4. AZZ incorporated (NYSE:AZZ): Industrial Electrical Equipment Industry. Market cap of $485.47M. SMA50 at $38.2 vs. SMA200 at $38.69 (current price at $38.9). Current analyst rating at 2.6 vs. a rating of 2 three months ago. Short float at 3.56%, which implies a short ratio of 5.85 days. The stock has gained 16.64% over the last year.

5. FirstEnergy Corp. (NYSE:FE): Electric Utilities Industry. Market cap of $10.93B. SMA50 at $36.64 vs. SMA200 at $36.77 (current price at $35.84). Current analyst rating at 3 vs. a rating of 2.47 three months ago. Short float at 9.49%, which implies a short ratio of 7.58 days. The stock has lost -20.88% over the last year.

6. Fidelity National Financial, Inc. (NYSE:FNF): Surety & Title Insurance Industry. Market cap of $3.13B. SMA50 at $13.71 vs. SMA200 at $13.97 (current price at $13.78). Current analyst rating at 2.71 vs. a rating of 2.29 three months ago. Short float at 3.65%, which implies a short ratio of 3.43 days. The stock has gained 5.11% over the last year.

7. Campbell Soup Co. (NYSE:CPB): Processed & Packaged Goods Industry. Market cap of $11.6B. SMA50 at $35.3 vs. SMA200 at $35.42 (current price at $34.78). Current analyst rating at 2.95 vs. a rating of 2.61 three months ago. Short float at 11.41%, which implies a short ratio of 8.73 days. The stock has gained 3.91% over the last year.

8. Navios Maritime Holdings Inc. (NYSE:NM): Shipping Industry. Market cap of $522.27M. SMA50 at $5.7 vs. SMA200 at $5.72 (current price at $5.17). Current analyst rating at 2.25 vs. a rating of 2 three months ago. Short float at 0.85%, which implies a short ratio of 1.33 days. The stock has lost -8.5% over the last year.

9. Pharmacyclics Inc. (NASDAQ:PCYC): Drug Manufacturer. Market cap of $360.83M. SMA50 at $6.46 vs. SMA200 at $6.86 (current price at $6.04). Current analyst rating at 1.75 vs. a rating of 1.6 three months ago. Short float at 6.57%, which implies a short ratio of 6.23 days. The stock has gained 106.85% over the last year.

10. Newpark Resources Inc. (NYSE:NR): Oil & Gas Equipment & Services Industry. Market cap of $539.08M. SMA50 at $6.79 vs. SMA200 at $7. (current price at $5.96). Current analyst rating at 2.29 vs. a rating of 2.14 three months ago. Short float at 8.6%, which implies a short ratio of 4.01 days. The stock has gained 42.24% over the last year.

11. Genpact Ltd. (NYSE:G): Management Services Industry. Market cap of $3.29B. SMA50 at $15.77 vs. SMA200 at $15.96 (current price at $14.90). Current analyst rating at 2.62 vs. a rating of 2.5 three months ago. Short float at 1.59%, which implies a short ratio of 4.83 days. The stock has gained 5.23% over the last year.

12. TW Telecom Inc. (NASDAQ:TWTC): Telecom Services. Market cap of $2.49B. SMA50 at $17.37 vs. SMA200 at $17.78 (current price at $16.43). Current analyst rating at 2.62 vs. a rating of 2.53 three months ago. Short float at 4.78%, which implies a short ratio of 7.8 days. The stock has gained 4.32% over the last year.

13. Republic Services, Inc. (NYSE:RSG): Waste Management Industry. Market cap of $11.52B. SMA50 at $29.56 vs. SMA200 at $29.75 (current price at $29.98). Current analyst rating at 1.73 vs. a rating of 1.7 three months ago. Short float at 0.97%, which implies a short ratio of 1.13 days. The stock has gained 5.71% over the last year.

14. Healthcare Realty Trust Inc. (NYSE:HR): REIT. Market cap of $1.29B. SMA50 at $22.3 vs. SMA200 at $22.47 (current price at $20.09). Current analyst rating at 2.73 vs. a rating of 2.71 three months ago. Short float at 6.42%, which implies a short ratio of 9.31 days. The stock has lost -1.57% over the last year.

Source: Contrarian Ideas: 14 Downtrend Stocks With Worsening Analyst Ratings