Breakout Stocks of Week 12 @ BATS
NASDAQ was down last week (week 11) by -0.696% ending at 15,973.17 points after falling -111.94 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 Alpha Architect 1-3 Month Box Etf BATS:BOXX. This stock has had a buy signal since Jul 20, 2023 when the price was $102.61 and is so far up 3.53% to $106.23. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 12 |
|---|---|---|---|
| Alpha Architect 1-3 Month Box Etf | $106.23 | $106.32 | 0.0847% |
The Alpha Architect 1-3 Month Box Etf ETF price gained 0.0094% on the last trading day (Friday, 15th Mar 2024), rising from $106.22 to $106.23. During the last trading day the ETF fluctuated 0.0188% from a day low at $106.23 to a day high of $106.25. The price has risen in 7 of the last 10 days and is up by 0.16% over the past 2 weeks. Volume fell on the last day by -230 thousand shares and in total, 376 thousand shares were bought and sold for approximately $39.90 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 Alpha Architect 1-3 Month Box Etf ETF to perform well in the short-term period.
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.
