Sign InBreakout Stocks of Week 36 @ ASX
NASDAQ was down last week (week 35) by -0.191% ending at 21,455.55 points after falling -40.98 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 BlueScope Steel Limited ASX:BSL. This stock has had a buy signal since Aug 27, 2025 when the price was $23.21 , but have so far fallen -1.12% to $22.95. Some other companies are on our watchlist to, among these are Goodman Group ASX:GMG Qube Holdings Limited ASX:QUB Telstra Corporation Limited ASX:TLS and Macquarie Telecom Group Ltd ASX:MAQ which all got a breakout pattern emerging.
| Date | Company | Price | Week 36 |
|---|---|---|---|
| Bluescope Steel Limited | $22.95 | $22.91 | -0.174% |
| Goodman Group | $34.35 | $33.48 | -2.53% |
| Qube Holdings Limited | $4.20 | $4.10 | -2.38% |
| Telstra Corporation Limited | $4.89 | $4.83 | -1.23% |
| Macquarie Telecom Group Ltd | A$61.10 | A$59.51 | -2.60% |
The BlueScope Steel Limited stock price fell by -0.0436% on the last day (Friday, 29th Aug 2025) from $22.96 to $22.95. During the last trading day the stock fluctuated 1.53% from a day low at $22.87 to a day high of $23.22. The price has fallen in 6 of the last 10 days and is down by -5.32% for this period. Volume has increased on the last day by 691 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, 2 million shares were bought and sold for approximately $39.16 million.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
About BlueScope Steel Limited:
BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Thailand, Indonesia, Malaysia, Vietnam, North America, the Pacific Islands, and Asia. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Building Products Asia & North America, Buildings North America, and New Zealand & Pacific Islands. It offers steel slabs, plates, hot and cold rolled coils, coated and painted strip products, roof and wall claddings, and purlins and house framings under the LYSAGHT steel building products, COLORBOND steel, COLORSTEEL, ZINCALUME steel, GALVABOND steel, GALVASPAN steel, BlueScope Zacs, and SuperDyma brands. The company also provides engineered building solutions to industrial and commercial markets under the Butler, Varco Pruden, EcoBuild, and PROBUILD brands. It serves customers in the residential and non-residential building, and construction; manufacturing, automotive and transport, agricultural, and mining industries directly, as well as through a network of service centers and steel distribution businesses. The company was formerly known as BHP Steel Limited and changed its name to BlueScope Steel Limited in November 2003. BlueScope Steel Limited was founded in 1885 and is headquartered in Melbourne, Australia.
The Goodman Group stock price fell by -1.09% on the last day (Friday, 29th Aug 2025) from $34.73 to $34.35. During the last trading day the stock fluctuated 2.24% from a day low at $34.18 to a day high of $34.94. The price has fallen in 6 of the last 10 days and is down by -4.29% for this period. Volume has increased on the last day by 1 million 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, 4 million shares were bought and sold for approximately $121.42 million.
Goodman 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.
About Goodman Group:
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.
The Qube Holdings Limited stock price gained 0.478% on the last trading day (Friday, 29th Aug 2025), rising from $4.18 to $4.20. During the last trading day the stock fluctuated 1.81% from a day low at $4.14 to a day high of $4.21. The price has fallen in 5 of the last 10 days and is down by -5.19% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 744 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $17.11 million.
Qube Holdings Limited 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.
About Qube Holdings Limited:
Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia. The company's Operating Division offers services relating to the import and export of primarily containerized cargo. This division provides various services, including physical and documentary processes, and tasks of the import/export supply chain, such as road and rail transport of containers to and from ports, operation of container parks, customs and quarantine services, warehousing, intermodal terminals, international freight forwarding, and bulk rail haulage for rural commodities. It also offers a range of logistics services relating to the import and export of primarily non-containerized freight with a focus on automotive, bulk, and break bulk products; an integrated logistics solution for the automotive industry covering a range of activities comprising stevedoring, processing, and delivery; and logistics solution from mine-to-ship activities, including transport, stockpile management, storage facilities, and stevedoring. In addition, this division provides stevedoring and related logistics services for the oil and gas industry, forestry products, and project and general cargo; handles a range of commodities that include iron ore, copper, nickel concentrate, and mineral sands; and owns a multi-user facility for the stevedoring industry. The company's Property Division owns a 243-hectare parcel of land in the Moorebank logistics park project; and provides container stevedoring services in Australia. The company was formerly known as Qube Logistics Holdings Limited and changed its name to Qube Holdings Limited in November 2012. Qube Holdings Limited was incorporated in 2011 and is based in Sydney, Australia.
The Telstra Corporation Limited stock price fell by -0.204% on the last day (Friday, 29th Aug 2025) from $4.90 to $4.89. During the last trading day the stock fluctuated 0.615% from a day low at $4.88 to a day high of $4.91. The price has risen in 6 of the last 10 days and is up by 0.2% over the past 2 weeks. Volume has increased on the last day by 2 million 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, 20 million shares were bought and sold for approximately $98.01 million.
Telstra Corporation Limited 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.
About Telstra Corporation Limited:
Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo. The company offers telecommunication products, services, and solutions across mobiles, fixed and mobile broadband, media, and digital content in prepaid and post-paid services, as well as operates call centers, Telstra shops, and the Telstra dealership network. It also provides network capacity and management, unified communications, cloud, industry solutions, integrated and monitoring services to government and large enterprise customers; builds and manages digital platforms; and provides telecommunication products and services to other carriers, carriage service providers, and internet service providers. In addition, the company operates the fixed passive network infrastructure, including data centers, exchanges, poles, ducts, pits and pipes, fiber network, and mobile towers; provides wholesale customers with access to network infrastructure; provides long-term access to components of infrastructure and network services under the infrastructure services agreement and commercial contracts; and designs and constructs fiber, exchanges, and other infrastructure. The company was formerly known as Australian and Overseas Telecommunications Corporation Limited and changed its name to Telstra Corporation Limited in April 1993. Telstra Corporation Limited was founded in 1901 and is based in Melbourne, Australia.
The Macquarie Telecom Group Ltd stock price gained 0.99% on the last trading day (Friday, 29th Aug 2025), rising from A$60.50 to A$61.10. During the last trading day the stock fluctuated 3.03% from a day low at A$60.14 to a day high of A$61.96. The price has fallen in 7 of the last 10 days and is down by -10.53% for this period. Volume fell on the last day by -145 thousand shares and in total, 163 thousand shares were bought and sold for approximately A$9.96 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.
Macquarie Telecom Group Ltd 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 |
|---|---|---|
EAT
$140.46
|
13.43% | Jun 05 |
TPR
$140.47
|
4.95% | Jun 04 |
LITE
$905.00
|
1.83% | Jun 01 |
