Sign InBreakout Stocks of Week 18 @ ASX
NASDAQ was up last week (week 17) by 1.50% ending at 24,836.60 points after gaining 368.12 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 Bank of Queensland Limited ASX:BOQ. This stock has had a buy signal since Apr 24, 2026 when the price was $6.68 , but have so far fallen 0% to $6.68. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 18 |
|---|---|---|---|
| Bank Of Queensland Limited | $6.68 | $6.65 | -0.449% |
| New Hope Corporation Limited | $5.33 | $5.53 | 3.75% |
The Bank of Queensland Limited stock price gained 1.98% on the last trading day (Friday, 24th Apr 2026), rising from $6.55 to $6.68. During the last trading day the stock fluctuated 1.67% from a day low at $6.60 to a day high of $6.71. The price has fallen in 7 of the last 10 days and is down by -10.09% for this period. Volume fell on the last day by -4 million shares and in total, 2 million shares were bought and sold for approximately $16.43 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.
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 Bank of Queensland Limited:
Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds. The company's business banking services include transaction accounts, and savings and investment accounts; loans and finance products, such as business loans, equipment and vehicle finance, and dealer finance; merchant and payment products; and financial market and international services. It also offers Internet and mobile banking services. It operates 53 corporate branches and 103 owner managed branches, as well as 7 transaction centers. Bank of Queensland Limited was founded in 1874 and is based in Newstead, Australia.
The New Hope Corporation Limited stock price fell by -2.38% on the last day (Friday, 24th Apr 2026) from $5.46 to $5.33. During the last trading day the stock fluctuated 2.26% from a day low at $5.30 to a day high of $5.42. The price has risen in 6 of the last 10 days and is up by 2.9% over the past 2 weeks. 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 -2 million shares and in total, 3 million shares were bought and sold for approximately $13.41 million.
New Hope Corporation Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
About New Hope Corporation Limited:
New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open-cut coal mines that produce thermal coal, which include the New Acland project located in north Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; operation of bulk handling facility; port operation; and logistics and marketing business. It has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was incorporated in 1986 and is headquartered in Brisbane, Australia.
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.
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