Breakout Stocks of Week 15 @ AMS
NASDAQ was down last week (week 14) by -0.799% ending at 16,248.52 points after falling -130.94 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Unilever PLC AMS:UNA. This stock has had a buy signal since Apr 05, 2024 when the price was 44.85€ , but have so far fallen 0% to 44.85€. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 15 |
|---|---|---|---|
| Unilever Plc | 44.85€ | 44.47€ | -0.85% |
The Unilever PLC stock price fell by -0.796% on the last day (Friday, 5th Apr 2024) from 45.21€ to 44.85€. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 0.89% from a day low at 44.72€ to a day high of 45.12€. The price has been going up and down for this period, and there has been a -1.41% loss for the last 2 weeks. Volume has increased on the last day by 281 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately 60.50€ million.
The Unilever PLC stock holds several negative signals and despite the positive trend, we believe Unilever PLC will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
