Breakout Stocks of Week 9 @ ASX
NASDAQ was up last week (week 8) by 1.51% ending at 22,886.07 points after gaining 339.40 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 SGH Limited ASX:SGH. This stock has had a buy signal since Feb 19, 2026 when the price was A$47.81 , but have so far fallen -0.230% to A$47.70. Some other companies are on our watchlist to, among these are Global X Physical Gold ASX:GOLD Argo Investments Ltd ASX:ARG SRG Global Limited ASX:SRG and Tuas Limited ASX:TUA which all got a breakout pattern emerging.
| Date | Company | Price | Week 9 |
|---|---|---|---|
| Sgh Limited | A$47.70 | A$46.70 | -2.10% |
| Global X Physical Gold | A$65.14 | A$66.73 | 2.44% |
| Argo Investments Ltd | A$9.06 | A$9.16 | 1.10% |
| Srg Global Limited | $2.81 | $2.90 | 3.20% |
| Tuas Limited | $6.51 | $6.44 | -1.08% |
The SGH Limited stock price fell by -0.230% on the last day (Friday, 20th Feb 2026) from A$47.81 to A$47.70. During the last trading day the stock fluctuated 2.33% from a day low at A$46.75 to a day high of A$47.84. The price has been going up and down for this period, and there has been a 3.58% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -209 thousand shares and in total, 328 thousand shares were bought and sold for approximately A$15.66 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 SGH Limited stock to perform well in the short-term.
About SGH Limited:
SGH Ltd is an Australian diversified operating company, with market leading businesses across industrial services, energy and media.
In industrial services, SGH owns WesTrac, Boral, Coates and Allight. WesTrac is the sole authorised Caterpillar dealer in WA and NSW/ACT. Boral is Australia's largest and leading integrated construction materials business. Coates is Australia's largest equipment hire business. Allight is a designer, manufacturer and distributor of mobile lighting and power solutions.
In Energy, SGH has a 30.0% shareholding in Beach Energy, and wholly owns SGH Energy.
In Media, SGH has a 20.1% shareholding in Southern Cross Media
The Global X Physical Gold ETF price gained 0.416% on the last trading day (Friday, 20th Feb 2026), rising from A$64.87 to A$65.14. During the last trading day the ETF fluctuated 0.741% from a day low at A$64.76 to a day high of A$65.24. The price has fallen in 6 of the last 10 days but is still up by 2.29% 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, 59 thousand more shares were traded than the day before. In total, 257 thousand shares were bought and sold for approximately A$16.73 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 Global X Physical Gold ETF to perform well in the short-term.
The Argo Investments Ltd fund price fell by -0.549% on the last day (Friday, 20th Feb 2026) from A$9.11 to A$9.06. During the last trading day the fund fluctuated 1.11% from a day low at A$9.00 to a day high of A$9.10. The price has risen in 6 of the last 10 days and is up by 0.44% over the past 2 weeks. Volume fell on the last day along with the fund, which is actually a good sign as volume should follow the fund. On the last day, the trading volume fell by -94 thousand shares and in total, 257 thousand shares were bought and sold for approximately A$2.33 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 Argo Investments Ltd fund to perform well in the short-term period.
The SRG Global Limited stock price fell by -2.43% on the last day (Friday, 20th Feb 2026) from $2.88 to $2.81. During the last trading day the stock fluctuated 3.24% from a day low at $2.78 to a day high of $2.87. The price has been going up and down for this period, and there has been a -1.75% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -304 thousand shares and in total, 2 million shares were bought and sold for approximately $4.73 million.
SRG Global 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 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 Tuas Limited stock price fell by -0.153% on the last day (Friday, 20th Feb 2026) from $6.52 to $6.51. During the last trading day the stock fluctuated 3.48% from a day low at $6.33 to a day high of $6.55. The price has fallen in 5 of the last 10 days and is down by -0.15% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -179 thousand shares and in total, 434 thousand shares were bought and sold for approximately $2.82 million.
Tuas 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.
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.
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