Breakout Stocks of Week 27 @ CRYPTO
NASDAQ was up last week (week 26) by 0.244% ending at 17,732.60 points after gaining 43.24 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 PAX Gold / US Dollar CRYPTO:PAXGUSD. This stock has had a buy signal since Jun 27, 2024 when the price was $2,308.67 and is so far up 0.0286% to $2,309.33. Some other companies are on our watchlist to, among these are Kauri USD CRYPTO:KAUUSD Stader BNBx USD CRYPTO:BNBXUSD Wrapped NXM USD CRYPTO:WNXMUSD and Binance Coin CRYPTO:BNBUSD which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Pax Gold / Us Dollar | $2,309.33 | $2,316.04 ( 2nd Jul 2024 ) | 0.291% |
| Kauri Usd | $74.36 | $75.03 ( 2nd Jul 2024 ) | 0.90% |
| Stader Bnbx Usd | $619.46 | $628.80 ( 2nd Jul 2024 ) | 1.51% |
| Wrapped Nxm Usd | $71.89 | $74.33 ( 2nd Jul 2024 ) | 3.39% |
| Binance Coin | $570.80 | $577.01 ( 2nd Jul 2024 ) | 1.09% |
The PAX Gold / US Dollar cryptocurrency price gained 0.0286% on the last trading day (Friday, 28th Jun 2024), rising from $2,308.67 to $2,309.33. During the last trading day the cryptocurrency fluctuated 0.598% from a day low at $2,301.21 to a day high of $2,314.98. The price has fallen in 6 of the last 10 days and is down by -0.63% for this period. Volume fell on the last day by -939 thousand shares and in total, 3 million shares were bought and sold for approximately $7.79 billion. 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.
PAX Gold / US Dollar 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 Kauri USD stock price fell by -0.161% on the last day (Friday, 28th Jun 2024) from $74.48 to $74.36. During the last trading day the stock fluctuated 1.64% from a day low at $74.22 to a day high of $75.44. The price has fallen in 7 of the last 10 days and is down by -1.01% for this period. Volume has increased on the last day by 7 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, 7 million shares were bought and sold for approximately $520.08 million.
Kauri USD 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 Stader BNBx USD stock price fell by -1.61% on the last day (Friday, 28th Jun 2024) from $629.61 to $619.46. During the last trading day the stock fluctuated 2.29% from a day low at $619.46 to a day high of $633.64. The price has fallen in 6 of the last 10 days and is down by -1.63% 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 -49 thousand shares and in total, 69 thousand shares were bought and sold for approximately $42.60 million.
Stader BNBx USD 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 Wrapped NXM USD stock price fell by -0.341% on the last day (Friday, 28th Jun 2024) from $72.14 to $71.89. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 7.56% from a day low at $71.86 to a day high of $77.30. The price has fallen in 6 of the last 10 days and is down by -2.74% 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 -1 million shares and in total, 26 million shares were bought and sold for approximately $1.89 billion.
Wrapped NXM USD 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 Binance Coin cryptocurrency price fell by -1.65% on the last day (Friday, 28th Jun 2024) from $580.40 to $570.80. During the last trading day the cryptocurrency fluctuated 2.83% from a day low at $569.20 to a day high of $585.30. The price has fallen in 6 of the last 10 days and is down by -1.65% for this period. Volume fell on the last day along with the cryptocurrency, which is actually a good sign as volume should follow the cryptocurrency. On the last day, the trading volume fell by -72 million shares and in total, 2 billion shares were bought and sold for approximately $908.86 billion.
Binance Coin 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.
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.
