Breakout Stocks of Week 17 @ ASX

NASDAQ was up by impressive 6.84% last week (week 16) ending at 24,468.48 points points after ending the week prior at 22,902.89 points. Normally this would indicate a weaker week ahead of us. 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 BetaShares Australian Equities Strong Bear Hedge Fund ASX:BBOZ. This stock has had a buy signal since Apr 16, 2026 when the price was A$20.72 and is so far up 0.241% to A$20.77. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.

Date Company Price Week 17
Apr 17, 2026 Betashares Australian Equities Strong Bear Hedge F... A$20.77 A$21.63 4.14%
Apr 17, 2026 Gqg Partners Inc. $1.70 $1.64 -3.82%

BetaShares Australian Equities Strong Bear Hedge Fund

ASX:BBOZ Hold/Accumulate Score: 0.0750
Hold/Accumulate Score: 0.0750 Apr 17, 2026

The BetaShares Australian Equities Strong ETF price gained 0.241% on the last trading day (Friday, 17th Apr 2026), rising from A$20.72 to A$20.77. During the last trading day the ETF fluctuated 0.91% from a day low at A$20.77 to a day high of A$20.96. The price has risen in 5 of the last 10 days but is still down by -7.24% for this period. Volume fell on the last day by -284 thousand shares and in total, 125 thousand shares were bought and sold for approximately A$2.60 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.

BetaShares Australian Equities Strong 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.

Gqg Partners Inc.

ASX:GQG Sell Candidate Score: -1.32
Sell Candidate Score: -1.32 Apr 17, 2026

The Gqg Partners Inc. stock price gained 0.592% on the last trading day (Friday, 17th Apr 2026), rising from $1.69 to $1.70. During the last trading day the stock fluctuated 2.07% from a day low at $1.69 to a day high of $1.73. The price has fallen in 6 of the last 10 days and is down by -5.56% for this period. Volume fell on the last day by -1 million shares and in total, 3 million shares were bought and sold for approximately $5.65 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.

The Gqg Partners Inc. stock holds several negative signals and despite the positive trend, we believe Gqg Partners Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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
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