There could be a big rally ahead of some stocks that are forming “golden cross” patterns heading into the end of the year. A golden cross chart is formed when the 50-day moving average climbs above the 200-day moving average. Technical analysts usually interpret the signal as a bullish pattern for stocks. With that in mind, CNBC Pro looked for stocks that form a golden cross pattern. These names have underperformed this year through the end of the third quarter, but are outperforming the S&P 500 in the fourth quarter. The criteria we used are as follows: 50-day moving average above the 200-day moving average Year-to-date performance through the end of the third quarter: Year-to-date decline up more than 20% in the fourth quarter: More than double the S&P 500 or 20% member of the S&P 500 They could see further gains after the latest minutes from the Federal Reserve’s meeting indicated that its campaign of aggressive rate increases will slow down from here. Here’s the list: Xylem stock could continue to rise from here after its 50-day moving average crossed the 200-day. The water technology company fell 27% during the first three quarters of 2022. Since then, however, it has returned 28% in the fourth quarter, while the S&P 500 has risen more than 10% during that time. What’s more, Atlantic Equities, which has an overweight rating on the stock, called Xylem a “Critical Sector ESG Leader.” In a note this month, analyst Richard Radbourne said Xylem is “well positioned heading into a weaker economic environment for which its portfolio offers resilience.” Ross Stores shares are poised to outperform from here. The discount retailer grew 33% in the fourth quarter, after falling 26% in the first three quarters of this year. Credit Suisse recently named Ross Stores its top pick in off-price retailers, saying the sector is rapidly accelerating market share and will restore margins to pre-Covid levels in 2023, according to a November note. “In our view, ROST now offers more torque/leverage to capture over-scheduled performance and moves to our Top Pick at Offprice,” wrote analyst Michael Binetti. Goldman Sachs was also included in this list. Shares were down more than 23% by the end of the third quarter, but pulled back in the fourth quarter, jumping more than 29% year to date. Other stocks included in this list are Air Products and Chemicals and Trane Technologies.