Sign InBreakout Stocks of Week 24 @ ASX
NASDAQ was down last week (week 23) by -4.70% ending at 25,709.43 points after falling -1,266.92 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 BWP Trust ASX:BWP. This stock has had a buy signal since May 29, 2026 when the price was $3.78 , but have so far fallen -1.06% to $3.74. Some other companies are on our watchlist to, among these are Tamboran Resources Limited ASX:TBN AP Eagers Ltd ASX:APE Region Group ASX:RGN and Homeco Daily Needs Reit ASX:HDN which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Bwp Trust | $3.74 | $3.74 ( 5th Jun 2026 ) | 0% |
| Tamboran Resources Limited | $0.245 | $0.245 ( 5th Jun 2026 ) | 0% |
| Ap Eagers Ltd | A$20.82 | A$20.82 ( 5th Jun 2026 ) | 0% |
| Region Group | $2.24 | $2.24 ( 5th Jun 2026 ) | 0% |
| Homeco Daily Needs Reit | $1.22 | $1.22 ( 5th Jun 2026 ) | 0% |
The BWP Trust stock price fell by -0.532% on the last day (Friday, 5th Jun 2026) from $3.76 to $3.74. During the last trading day the stock fluctuated 1.61% from a day low at $3.73 to a day high of $3.79. The price has fallen in 6 of the last 10 days and is down by -1.84% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -77 thousand shares and in total, 705 thousand shares were bought and sold for approximately $2.64 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for BWP Trust stock to perform well in the short-term.
About BWP Trust:
Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited (the responsible entity) which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited (Wesfarmers), one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.
No changes to the price of Tamboran Resources Limited stock on the last trading day (Friday, 5th Jun 2026). During the last trading day the stock fluctuated 6.25% from a day low at $0.240 to a day high of $0.255. The price has fallen in 5 of the last 10 days and is down by -2% for this period.
Tamboran Resources Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The AP Eagers Ltd stock price fell by -0.86% on the last day (Friday, 5th Jun 2026) from A$21.00 to A$20.82. During the last trading day the stock fluctuated 3.20% from a day low at A$20.60 to a day high of A$21.26. The price has risen in 6 of the last 10 days but is still down by -2.94% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -323 thousand shares and in total, 347 thousand shares were bought and sold for approximately A$7.22 million.
AP Eagers Ltd holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The Region Group stock price gained 0.448% on the last trading day (Friday, 5th Jun 2026), rising from $2.23 to $2.24. During the last trading day the stock fluctuated 0.90% from a day low at $2.23 to a day high of $2.25. The price has been going up and down for this period, and there has been a -1.75% loss for the last 2 weeks. Volume fell on the last day by -397 thousand shares and in total, 1 million shares were bought and sold for approximately $2.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Region Group holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The Homeco Daily Needs Reit stock price gained 0.413% on the last trading day (Friday, 5th Jun 2026), rising from $1.21 to $1.22. During the last trading day the stock fluctuated 1.67% from a day low at $1.20 to a day high of $1.22. The price has been going up and down for this period, and there has been a -2.41% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $5.58 million.
Homeco Daily Needs Reit holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
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.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
RUN
$12.83
|
4.09% | May 06 |
GLBE
$31.61
|
1.65% | May 05 |
SAP
$172.39
|
7.18% | May 05 |
FIZZ
$34.11
|
7.04% | May 01 |
ADBE
$243.57
|
3.23% | Apr 29 |
