Sign InBreakout Stocks of Week 23 @ ASX
NASDAQ was up last week (week 22) by 2.40% ending at 26,976.35 points after gaining 632.38 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 Bendigo and Adelaide Bank Limited ASX:BEN. This stock has had a buy signal since May 29, 2026 when the price was $10.34 , but have so far fallen 0% to $10.34. Some other companies are on our watchlist to, among these are AP Eagers Ltd ASX:APE ASX Limited ASX:ASX Core Lithium Ltd ASX:CXO and Arafura Resources Ltd ASX:ARU which all got a breakout pattern emerging.
| Date | Company | Price | Week 23 |
|---|---|---|---|
| Bendigo And Adelaide Bank Limited | $10.34 | $10.12 | -2.13% |
| Ap Eagers Ltd | A$20.89 | A$20.82 | -0.335% |
| Asx Limited | $46.23 | $47.68 | 3.14% |
| Core Lithium Ltd | A$0.295 | A$0.270 | -8.47% |
| Arafura Resources Ltd | A$0.265 | A$0.265 | 0% |
The Bendigo and Adelaide Bank Limited stock price gained 1.47% on the last trading day (Friday, 29th May 2026), rising from $10.19 to $10.34. During the last trading day the stock fluctuated 1.76% from a day low at $10.25 to a day high of $10.43. The price has been going up and down for this period, and there has been a -0.58% 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, 490 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $21.56 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 Bendigo and Adelaide Bank Limited stock to perform well in the short-term.
About Bendigo and Adelaide Bank Limited:
Bendigo and Adelaide Bank Limited provides banking and financial products and services to retail customers and small to medium sized businesses in Australia. The company operates through Consumer, Business, and Agribusiness segments. It offers a range of products and services, including personal and business banking, financial planning, commercial mortgages and unsecured loans, investment products, insurance, and superannuation. The company also provides retail banking products and services; home loans for the mortgage broker and mortgage manager market; rural bank products and services; wealth management services; investments and funds management services, commercial loans, access to funeral bonds, estates and trusts management services, and corporate trustee and custodial services; and banking products and services to agribusiness participants. It operates 139 Bendigo Bank, 319 Community Bank, 13 Delphi Bank, 16 Alliance Bank, and 4 private franchise branches, as well as 191 rural bank points. The company was founded in 1858 and is headquartered in Bendigo, Australia.
The AP Eagers Ltd stock price gained 1.65% on the last trading day (Friday, 29th May 2026), rising from A$20.55 to A$20.89. During the last trading day the stock fluctuated 5.73% from a day low at A$19.88 to a day high of A$21.02. The price has been going up and down for this period, and there has been a -12.26% loss for the last 2 weeks. Volume fell on the last day by -29 thousand shares and in total, 1 million shares were bought and sold for approximately A$27.27 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.
AP Eagers 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.
The ASX Limited stock price gained 2.03% on the last trading day (Friday, 29th May 2026), rising from $45.31 to $46.23. During the last trading day the stock fluctuated 3.19% from a day low at $44.83 to a day high of $46.26. The price has fallen in 6 of the last 10 days and is down by -21.27% for this period. Volume fell on the last day by -717 thousand shares and in total, 3 million shares were bought and sold for approximately $139.17 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 ASX Limited stock holds several negative signals and despite the positive trend, we believe ASX Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About ASX Limited:
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides listings, trading, clearing, settlement, technical and information services, and other post-trade services; securities and derivatives exchange, and ancillary services; and central counterparty clearing services. It also operates markets for a range of asset classes, including equities, fixed income, commodities, and energy; provides data and technology services to intermediaries, banks, information vendors, and software developers to enable them to make decisions, offer services to their clients, and connect with one another; and is involved in the registry, depository, and settlement activities, as well as delivery-versus-payment clearing of financial products. The company was founded in 1987 and is based in Sydney, Australia.
The Core Lithium Ltd stock price gained 7.27% on the last trading day (Friday, 29th May 2026), rising from A$0.275 to A$0.295. During the last trading day the stock fluctuated 5.36% from a day low at A$0.280 to a day high of A$0.295. The price has fallen in 6 of the last 10 days and is down by -9.23% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 19 million shares were bought and sold for approximately A$5.54 million.
Core Lithium Ltd 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.
No changes to the price of Arafura Resources Ltd stock on the last trading day (Friday, 29th May 2026). During the last trading day the stock fluctuated 7.69% from a day low at A$0.260 to a day high of A$0.280. The price has fallen in 5 of the last 10 days and is down by -15.87% for this period.
The Arafura Resources Ltd stock holds several negative signals and despite the positive trend, we believe Arafura Resources Ltd will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
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 |
