Sign InBreakout Stocks of Week 26 @ ASX
NASDAQ was up last week (week 25) by 2.43% ending at 26,517.93 points after gaining 629.09 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 Smartgroup Corporation Ltd ASX:SIQ. This stock has had a buy signal since Apr 17, 2026 when the price was $8.77 and is so far up 43.33% to $12.57. Some other companies are on our watchlist to, among these are Vanguard Australian Shares High Yield ETF ASX:VHY Xero Limited ASX:XRO Abacus Storage King ASX:ASK and Polynovo Limited ASX:PNV which all got a breakout pattern emerging.
| Date | Company | Price | Week 26 |
|---|---|---|---|
| Smartgroup Corporation Ltd | $12.57 | $12.50 | -0.557% |
| Vanguard Australian Shares High Yield Etf | A$83.73 | A$82.99 | -0.88% |
| Xero Limited | $71.88 | $69.05 | -3.94% |
| Abacus Storage King | $1.38 | $1.37 | -0.364% |
| Polynovo Limited | $1.00 | $0.91 | -9.00% |
The Smartgroup Corporation Ltd stock price gained 0.96% on the last trading day (Friday, 19th Jun 2026), rising from $12.45 to $12.57. During the last trading day the stock fluctuated 1.04% from a day low at $12.47 to a day high of $12.60. The price has risen in 6 of the last 10 days and is up by 7.25% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 860 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $16.68 million.
Smartgroup Corporation Ltd holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About Smartgroup Corporation Ltd:
Smartgroup Corporation Ltd provides employee management services in Australia. It operates through Outsourced Administration (OA); Vehicle Services (VS); and Software, Distribution, and Group Services (SDGS) segments. The OA segment offers outsourced salary packaging services, novated leasing, and outsourced payroll services. The VS segment provides end-to-end fleet management services. The SDGS segment offers salary packaging software solutions; markets salary packaging debit cards; and distributes vehicle insurances and workforce management software to the healthcare industry. It serves community and charity workers in not-for-profit organizations; teachers, administrators, and support personnel in the education industry; nurses, clinicians, and auxiliary staff in the health industry; government sector; and corporate organizations. Smartgroup Corporation Ltd was founded in 1999 and is headquartered in Sydney, Australia.
The Vanguard Australian Shares High Yield ETF price fell by -0.81% on the last day (Friday, 19th Jun 2026) from A$84.41 to A$83.73. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 0.95% from a day low at A$83.37 to a day high of A$84.16. The price has fallen in 7 of the last 10 days and is down by -0.1% for this period. Volume has increased on the last day by 65 thousand 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, 257 thousand shares were bought and sold for approximately A$21.53 million.
Vanguard Australian Shares High Yield 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 Xero Limited stock price gained 0.335% on the last trading day (Friday, 19th Jun 2026), rising from $71.64 to $71.88. During the last trading day the stock fluctuated 3.41% from a day low at $69.51 to a day high of $71.88. The price has fallen in 8 of the last 10 days and is down by -10.6% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $149.62 million.
Xero 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 Xero Limited:
Xero Limited, together with its subsidiaries, operates as a software as a service company in New Zealand, Australia, the United Kingdom, and internationally. The company offers Xero, an open platform that connects small businesses to a range of solutions, which helps to manage their finances. It also provides Xero mobile app; and accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook or Xero Ledger. Xero Limited was incorporated in 2006 and is headquartered in Wellington, New Zealand.
The Abacus Storage King stock price fell by -0.362% on the last day (Friday, 19th Jun 2026) from $1.38 to $1.38. During the last trading day the stock fluctuated 1.83% from a day low at $1.37 to a day high of $1.39. The price has fallen in 5 of the last 10 days but is still up by 0.36% over the past 2 weeks. Volume has increased on the last day by 2 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, 3 million shares were bought and sold for approximately $3.70 million.
Abacus Storage King 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 Polynovo Limited stock price fell by -1.96% on the last day (Friday, 19th Jun 2026) from $1.02 to $1.00. During the last trading day the stock fluctuated 5.76% from a day low at $0.99 to a day high of $1.05. The price has fallen in 5 of the last 10 days and is down by -6.54% for this period. Volume has increased on the last day by 60 thousand 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 $2.22 million.
Polynovo 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 Polynovo Limited:
Polynovo Limited develops medical devices in the United States, Australia, New Zealand, the United Kingdom, Ireland, Singapore, and internationally. The company offers NovoSorb Biodegradable Temporising Matrix, which is used in a fully debrided clean surgical wound to physiologically close the wound. It is also developing Syntrel hernia devices for hernia repair; NovoSorb Dermal Beta Cell Implant to host pancreatic islets in the skin; and NovoSorb drug elution depots. The company was formerly known as Calzada Limited and changed its name to Polynovo Limited in November 2014. Polynovo Limited was incorporated in 1998 and is headquartered in Port Melbourne, 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 |
|---|---|---|
SRPT
$17.02
|
6.93% | Jun 29 |
IIIV
$20.09
|
9.33% | Jun 25 |
JLL
$299.78
|
6.19% | Jun 24 |
NMRK
$15.02
|
3.00% | Jun 24 |
|
X
XMAX
$8.34
|
9.71% | Jun 24 |
