Sign InBreakout Stocks of Week 32 @ ASX
NASDAQ was up last week (week 31) by 1.59% ending at 25,373.85 points after gaining 398.03 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 Downer EDI Limited ASX:DOW. This stock has had a buy signal since Jul 29, 2026 when the price was $7.86 , but have so far fallen -1.02% to $7.78. Some other companies are on our watchlist to, among these are Zip Co Limited ASX:ZIP SRG Global Limited ASX:SRG Elsight Limited ASX:ELS and Artrya Limited ASX:AYA which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Downer Edi Limited | $7.78 | $7.86 ( 3rd Aug 2026 ) | 1.03% |
| Zip Co Limited | A$2.55 | A$2.56 ( 3rd Aug 2026 ) | 0.392% |
| Srg Global Limited | $3.36 | $3.38 ( 3rd Aug 2026 ) | 0.595% |
| Elsight Limited | $5.59 | $6.17 ( 3rd Aug 2026 ) | 10.38% |
| Artrya Limited | $4.03 | $4.05 ( 3rd Aug 2026 ) | 0.496% |
The Downer EDI Limited stock price gained 0.129% on the last trading day (Friday, 31st Jul 2026), rising from $7.77 to $7.78. During the last trading day the stock fluctuated 2.61% from a day low at $7.67 to a day high of $7.87. The price has been going up and down for this period, and there has been a -1.89% 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, 535 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $9.54 million.
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 Downer EDI Limited stock to perform well in the short-term period.
About Downer EDI Limited:
Downer EDI Limited operates as an integrated services provider in Australia, New Zealand, the Asia-Pacific, South America, and Southern Africa. Its Transport segment provides road network management; routine road maintenance; asset management systems; spray sealing; asphalt laying; and manufacture and supply of bitumen-based products and asphalt products. This segment also engages in the design and construction of light and heavy rail networks, signaling works, track and station works, and bridges; and provides rail safety technology, fleet maintenance, and overhaul services. The company's Utilities segment plans, designs, constructs, operates, maintains, manages, and decommissions power and gas network assets; provides water and wastewater treatment, and network construction and rehabilitation services; and designs, constructs, and maintains renewable assets in the wind, solar, and power system storage sectors. This segment also offers technology and communications solutions, including design, civil construction, network construction, operation, and maintenance services for fiber, copper, and radio networks. Its Facilities segment offers outsourced facility, catering and laundry, technical and engineering, and maintenance and asset management services, as well as refrigeration solutions, as well as building and construction solutions across various sectors. The company's Engineering, Construction and Maintenance segment provides design, engineering, construction, shutdown, turnaround and outage delivery, and operations maintenance and ongoing management services for various projects; and designs and manufactures mineral process equipment. Its Mining segment provides resource definition, exploration drilling, and mine feasibility studies; open cut and underground mining services; and drilling, explosives manufacture and supply; blasting and crushing; asset management; tire management; and mine closure and rehabilitation services. The company is headquartered in Sydney, Australia.
The Zip Co Limited stock price gained 8.05% on the last trading day (Friday, 31st Jul 2026), rising from A$2.36 to A$2.55. During the last trading day the stock fluctuated 4.86% from a day low at A$2.47 to a day high of A$2.59. The price has fallen in 8 of the last 10 days and is down by -14.43% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 18 million shares were bought and sold for approximately A$45.15 million.
Zip Co 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.
The SRG Global Limited stock price gained 3.38% on the last trading day (Friday, 31st Jul 2026), rising from $3.25 to $3.36. During the last trading day the stock fluctuated 2.11% from a day low at $3.31 to a day high of $3.38. The price has been going up and down for this period, and there has been a -4% loss for the last 2 weeks. Volume fell on the last day by -65 thousand shares and in total, 944 thousand shares were bought and sold for approximately $3.17 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 SRG Global Limited stock holds several negative signals and despite the positive trend, we believe SRG Global Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About SRG Global Limited:
SRG Global Limited provides engineering-led specialist asset, construction, and mining services. It operates through Construction, Asset Services, and Mining Services segments. The Construction segment supplies integrated products and services to customers involved in the construction of infrastructure, including bridges, dams, office towers, high rise apartments, shopping centers, hotels, car parks, recreational buildings, and hospitals. The Asset Services segment supplies integrated services to customers in various sectors comprising oil and gas, energy, infrastructure, offshore, mining, power generation, water treatment plants, commissioning, decommissioning, shutdowns, and civil works. The Mining Services segment provides ground solutions, which include production drilling, ground and slope stabilization, design engineering, and monitoring services to mining clients. The company was formerly known as Structural Systems Limited and changed its name to SRG Global Limited in November 2014. SRG Global Limited was founded in 1961 and is headquartered in Subiaco, Australia.
The Elsight Limited stock price gained 3.71% on the last trading day (Friday, 31st Jul 2026), rising from $5.39 to $5.59. During the last trading day the stock fluctuated 3.67% from a day low at $5.45 to a day high of $5.65. The price has fallen in 6 of the last 10 days and is down by -16.07% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 176 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $12.99 million.
The Elsight Limited stock holds several negative signals and despite the positive trend, we believe Elsight Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About Elsight Limited:
Elsight Limited provides connectivity technology solutions. It offers Halo, a communication platform. The company also provides beyond visual line of sight, a solution for operation of aerial vehicles without pilot observation. In addition, the company offers unmanned aerial vehicle for drone operations. Further, the company provides continuous wireless delivery of data services. It serves technology solutions to delivery and logistics, agriculture, telehealth, remote learning, broadband, mobile connectivity, fleets, security and defense, and industrial and inspection industries. The company was founded in 2009 and is headquartered in Or Yehuda, Israel.
The Artrya Limited stock price gained 0.750% on the last trading day (Friday, 31st Jul 2026), rising from $4.00 to $4.03. During the last trading day the stock fluctuated 8.83% from a day low at $4.02 to a day high of $4.38. The price has fallen in 6 of the last 10 days and is down by -24.81% for this period. Volume fell on the last day by -2 million shares and in total, 1 million shares were bought and sold for approximately $5.71 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 Artrya Limited stock holds several negative signals and despite the positive trend, we believe Artrya Limited 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 |
|---|---|---|
FOX
$50.81
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2.22% | Jul 27 |
UNFI
$49.05
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3.63% | Jul 27 |
BIIB
$202.19
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0.376% | Jul 24 |
TSCO
$30.32
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1.48% | Jul 23 |
|
S
SW
$43.71
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5.17% | Jul 23 |
