Sign InBreakout Stocks of Week 21 @ ASX
NASDAQ was down last week (week 20) by -0.0836% ending at 26,225.14 points after falling -21.93 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 REA Group Limited ASX:REA. This stock has had a buy signal since May 15, 2026 when the price was $162.01 , but have so far fallen 0% to $162.01. Some other companies are on our watchlist to, among these are New Hope Corporation Limited ASX:NHC Beach Energy Limited ASX:BPT Woolworths Group Limited ASX:WOW and Coles Group Limited ASX:COL which all got a breakout pattern emerging.
| Date | Company | Price | Week 21 |
|---|---|---|---|
| Rea Group Limited | $162.01 | $152.02 | -6.17% |
| New Hope Corporation Limited | $5.23 | $5.50 | 5.16% |
| Beach Energy Limited | $1.11 | $1.13 | 2.26% |
| Woolworths Group Limited | $32.98 | $34.68 | 5.15% |
| Coles Group Limited | $20.81 | $21.47 | 3.17% |
The REA Group Limited stock price gained 0.478% on the last trading day (Friday, 15th May 2026), rising from $161.24 to $162.01. During the last trading day the stock fluctuated 6.18% from a day low at $156.85 to a day high of $166.55. The price has risen in 6 of the last 10 days but is still down by -4.88% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 45 thousand more shares were traded than the day before. In total, 484 thousand shares were bought and sold for approximately $78.49 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 REA Group Limited:
REA Group Limited engages in online property advertising business in Australia, Asia, and North America. It offers property and property-related services on websites and mobile apps. The company operates residential, commercial, share, and co-working property sites, such as realestate.com.au, realcommercial.com.au, spacely.com.au, Flatmates.com.au, iproperty.com.my, smartline.com.au, rumah123.com, iproperty.com.sg, squarefoot.com.hk, ThinkgOfLiving.com, myfun.com, smartexpos.com, makaan.com, housing.com, PropTiger.com, move.com, realtor.com, and 99.co. It also provides mortgage broking and home financing solutions. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited operates as a subsidiary of news corporation.
The New Hope Corporation Limited stock price gained 3.77% on the last trading day (Friday, 15th May 2026), rising from $5.04 to $5.23. During the last trading day the stock fluctuated 3.36% from a day low at $5.06 to a day high of $5.23. The price has fallen in 5 of the last 10 days and is down by -5.42% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 254 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $11.11 million.
New Hope Corporation 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.
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.
The Beach Energy Limited stock price gained 1.38% on the last trading day (Friday, 15th May 2026), rising from $1.09 to $1.11. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.44% from a day low at $1.08 to a day high of $1.11. 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 -3 million shares and in total, 6 million shares were bought and sold for approximately $6.44 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.
Beach Energy 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.
About Beach Energy Limited:
Beach Energy Limited operates as an oil and gas exploration and production company. The company engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. It also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons. As of June 30, 2021, it had a production capacity of 25.6 million barrels of oil equivalent; and 339 million barrels of oil equivalent of proved and probable reserves. The company was formerly known as Beach Petroleum Limited and changed its name to Beach Energy Limited in December 2009. Beach Energy Limited was incorporated in 1961 and is headquartered in Adelaide, Australia.
The Woolworths Group Limited stock price gained 1.35% on the last trading day (Friday, 15th May 2026), rising from $32.54 to $32.98. During the last trading day the stock fluctuated 1.35% from a day low at $32.56 to a day high of $33.00. The price has fallen in 6 of the last 10 days and is down by -3.43% for this period. Volume fell on the last day by -264 thousand shares and in total, 2 million shares were bought and sold for approximately $59.83 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 Woolworths Group Limited stock holds several negative signals and despite the positive trend, we believe Woolworths Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About Woolworths Group Limited:
Woolworths Group Limited operates retail stores. It operates through Australian Food, New Zealand Food, BIG W, and Other segments. The Australian Food segment procures and resells food and related products, and provides services to customers in Australia. It operates 1,076 Woolworths supermarkets and Metro Food stores. The New Zealand Food segment is involved in the procurement and resale of food and drinks, and provides services to customers in New Zealand. This segment operates 184 countdown supermarkets, as well as engages in the wholesale operations. The BIG W segment procures and resells discount general merchandise products to customers in Australia. This segment operates 176 BIG W stores. The company was formerly known as Woolworths Limited and changed its name to Woolworths Group Limited in December 2017. Woolworths Group Limited was incorporated in 1924 and is based in Bella Vista, Australia.
The Coles Group Limited stock price gained 0.726% on the last trading day (Friday, 15th May 2026), rising from $20.66 to $20.81. During the last trading day the stock fluctuated 0.96% from a day low at $20.74 to a day high of $20.94. The price has fallen in 7 of the last 10 days and is down by -9.21% for this period. Volume fell on the last day by -755 thousand shares and in total, 3 million shares were bought and sold for approximately $57.44 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 Coles Group Limited stock holds several negative signals and despite the positive trend, we believe Coles Group Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About Coles Group Limited:
Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets, Liquor, and Express segments. The company provides fresh food and groceries through 834 supermarkets; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations. Its Coles Financial Services provides insurance, credit cards, and personal loans to Australian families. The company is also involved in the retailing of liquor through its 929 stores under the Liquorland, First Choice, First Choice Liquor, and Vintage Cellars brand names, including online liquor delivery services. In addition, it operates 717 fuel and convenience stores; and operates as flybuys loyalty program. The company was formerly known as Coles Myer Ltd. and changed its name to Coles Group Limited. Coles Group Limited was founded in 1914 and is based in Hawthorn East, 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.
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 |
