Breakout Stocks of Week 10 @ ASX
NASDAQ was down last week (week 9) by -0.95% ending at 22,668.21 points after falling -217.86 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 Perth Mint Gold ASX:PMGOLD. This stock has had a buy signal since Feb 24, 2026 when the price was $72.56 , but have so far fallen -0.303% to $72.34. Some other companies are on our watchlist to, among these are SGH Limited ASX:SGH Goodman Group ASX:GMG WAM Capital Limited ASX:WAM and Vicinity Centres ASX:VCX which all got a breakout pattern emerging.
| Date | Company | Price | Week 10 |
|---|---|---|---|
| Perth Mint Gold | $72.34 | $72.87 | 0.733% |
| Sgh Limited | A$46.70 | A$44.56 | -4.58% |
| Goodman Group | $28.94 | $27.78 | -4.01% |
| Wam Capital Limited | $1.77 | $1.73 | -2.27% |
| Vicinity Centres | A$2.45 | A$2.31 | -5.71% |
The Perth Mint Gold ETF price fell by -0.166% on the last day (Friday, 27th Feb 2026) from $72.46 to $72.34. During the last trading day the ETF fluctuated 0.80% from a day low at $72.27 to a day high of $72.85. The price has fallen in 5 of the last 10 days but is still up by 2.46% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -59 thousand shares and in total, 143 thousand shares were bought and sold for approximately $10.36 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 Perth Mint Gold ETF to perform well in the short-term.
The SGH Limited stock price gained 0.473% on the last trading day (Friday, 27th Feb 2026), rising from A$46.48 to A$46.70. During the last trading day the stock fluctuated 2.20% from a day low at A$45.89 to a day high of A$46.90. The price has fallen in 6 of the last 10 days and is down by -2.51% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 182 thousand more shares were traded than the day before. In total, 593 thousand shares were bought and sold for approximately A$27.70 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 SGH Limited:
SGH Ltd is an Australian diversified operating company, with market leading businesses across industrial services, energy and media.
In industrial services, SGH owns WesTrac, Boral, Coates and Allight. WesTrac is the sole authorised Caterpillar dealer in WA and NSW/ACT. Boral is Australia's largest and leading integrated construction materials business. Coates is Australia's largest equipment hire business. Allight is a designer, manufacturer and distributor of mobile lighting and power solutions.
In Energy, SGH has a 30.0% shareholding in Beach Energy, and wholly owns SGH Energy.
In Media, SGH has a 20.1% shareholding in Southern Cross Media
The Goodman Group stock price gained 0.626% on the last trading day (Friday, 27th Feb 2026), rising from $28.76 to $28.94. During the last trading day the stock fluctuated 1.79% from a day low at $28.57 to a day high of $29.08. The price has been going up and down for this period, and there has been a -6.71% 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, 2 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $136.70 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 WAM Capital Limited stock price fell by -1.94% on the last day (Friday, 27th Feb 2026) from $1.80 to $1.77. During the last trading day the stock fluctuated 2.74% from a day low at $1.75 to a day high of $1.80. The price has fallen in 6 of the last 10 days and is down by -1.94% 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, 2 million shares were bought and sold for approximately $4.22 million.
WAM Capital 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 WAM Capital Limited:
WAM Capital Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies. It seeks to invest in short-term arbitrage and mispricing opportunities. The fund has absolute returns focus. It employs fundamental and quantitative analysis with a focus on bottom-up approach to make its investments. The fund benchmarks the performance of its portfolio against the S&P/ASX All Ordinaries Accumulation Index. It conducts in-house research to create its portfolio. WAM Capital Limited was formed on March 8, 1999 and is domiciled in Australia.
The Vicinity Centres stock price fell by -0.81% on the last day (Friday, 27th Feb 2026) from A$2.47 to A$2.45. During the last trading day the stock fluctuated 1.02% from a day low at A$2.45 to a day high of A$2.47. The price has fallen in 6 of the last 10 days and is down by -4.67% for this period. Volume has increased on the last day by 26 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, 35 million shares were bought and sold for approximately A$86.72 million.
Vicinity Centres 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
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|---|---|---|
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