Breakout Stocks of Week 30 @ ASX
NASDAQ was down last week (week 29) by -2.90% ending at 25,520.24 points after falling -761.36 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 McMillan Shakespeare Limited ASX:MMS. This stock has had a buy signal since May 05, 2026 when the price was $16.68 and is so far up 19.12% to $19.87. Some other companies are on our watchlist to, among these are Vanguard Australian Fixed Interest Index ETF ASX:VAF Vanguard Australian Property Securities Index ETF ASX:VAP Goodman Group ASX:GMG and Cochlear Limited ASX:COH which all got a breakout pattern emerging.
| Date | Company | Price | Week 30 |
|---|---|---|---|
| Mcmillan Shakespeare Limited | $19.87 | $19.44 | -2.16% |
| Vanguard Australian Fixed Interest Index Etf | A$45.39 | A$44.99 | -0.88% |
| Vanguard Australian Property Securities Index Etf | A$91.05 | A$90.25 | -0.88% |
| Goodman Group | $29.41 | $28.61 | -2.72% |
| Cochlear Limited | $119.48 | $111.61 | -6.59% |
The McMillan Shakespeare Limited stock price gained 0.608% on the last trading day (Friday, 17th Jul 2026), rising from $19.75 to $19.87. 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 2.29% from a day low at $19.65 to a day high of $20.10. The price has risen in 6 of the last 10 days and is up by 3.17% over the past 2 weeks. Volume fell on the last day by -61 thousand shares and in total, 185 thousand shares were bought and sold for approximately $3.67 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.
McMillan Shakespeare Limited 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 McMillan Shakespeare Limited:
McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management and support co-ordination, asset management, and related financial products and services in Australia, the United Kingdom, and New Zealand. It operates through Group Remuneration Services, Asset Management, and Retail Financial Services segments. The Group Remuneration Services segment offers salary packaging and ancillary services, including novated leasing asset and finance procurement, motor vehicle administration, and other services. The Asset Management segment provides financing and ancillary management services related with motor vehicles, commercial vehicles, and equipment. The Retail Financial Services segment offers retail brokerage services, as well as engages in the aggregation of finance originations and extended warranty cover. The company also provides fleet management and software development services. It serves federal and state governments, health groups, not-for-profit organizations, and private corporations. The company was founded in 1988 and is headquartered in Melbourne, Australia.
The Vanguard Australian Fixed Intr Index ETF price gained 0.0661% on the last trading day (Friday, 17th Jul 2026), rising from A$45.36 to A$45.39. During the last trading day the ETF fluctuated 0.199% from a day low at A$45.30 to a day high of A$45.39. The price has fallen in 6 of the last 10 days and is down by -0.24% for this period. Volume fell on the last day by -107 thousand shares and in total, 69 thousand shares were bought and sold for approximately A$3.14 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 short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vanguard Australian Fixed Intr Index ETF to perform well in the short-term period.
The Vanguard Australian Property Securities ETF price gained 0.619% on the last trading day (Friday, 17th Jul 2026), rising from A$90.49 to A$91.05. 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 ETF fluctuated 0.92% from a day low at A$90.69 to a day high of A$91.52. The price has risen in 6 of the last 10 days but is still down by -1.62% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 39 thousand shares were bought and sold for approximately A$3.55 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 Vanguard Australian Property Securities ETF to perform well in the short-term.
The Goodman Group stock price gained 1.00% on the last trading day (Friday, 17th Jul 2026), rising from $29.12 to $29.41. During the last trading day the stock fluctuated 1.55% from a day low at $28.96 to a day high of $29.41. The price has fallen in 6 of the last 10 days and is down by -4.45% for this period. Volume fell on the last day by -738 thousand shares and in total, 3 million shares were bought and sold for approximately $80.59 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 Goodman Group:
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally. Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.
The Cochlear Limited stock price fell by -3.07% on the last day (Friday, 17th Jul 2026) from $123.27 to $119.48. During the last trading day the stock fluctuated 6.07% from a day low at $116.22 to a day high of $123.28. The price has fallen in 7 of the last 10 days and is down by -4.39% for this period. Volume has increased on the last day by 208 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, 593 thousand shares were bought and sold for approximately $70.83 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 Cochlear Limited stock to perform well in the short-term.
About Cochlear Limited:
Cochlear Limited provides implantable hearing solutions for adults and children worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. The company was founded in 1981 and is headquartered in Sydney, 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 |
|---|---|---|
FOX
$50.81
|
2.22% | Jul 27 |
UNFI
$49.05
|
3.63% | Jul 27 |
BIIB
$202.19
|
0.376% | Jul 24 |
TSCO
$30.32
|
1.48% | Jul 23 |
|
S
SW
$43.71
|
5.17% | Jul 23 |
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