Breakout Stocks of Week 18 @ FRA
NASDAQ was up last week (week 17) by 4.23% ending at 15,927.90 points after gaining 645.89 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 Xtrackers Msci Japan Ucits Etf 1c FRA:DBXJ. This stock has had a buy signal since Apr 26, 2024 when the price was 72.55€ , but have so far fallen 0% to 72.55€. Some other companies are on our watchlist to, among these are Vanguard Ftse Japan Ucits Etf FRA:VJPN DEUTZ Aktiengesellschaft FRA:DEZ Ishares € Corp Bond Esg Ucits Etf FRA:OM3F and GEA Group Aktiengesellschaft FRA:G1A which all got a breakout pattern emerging.
| Date | Company | Price | Week 18 |
|---|---|---|---|
| Xtrackers Msci Japan Ucits Etf 1c | 72.55€ | 74.18€ | 2.25% |
| Vanguard Ftse Japan Ucits Etf | 33.04€ | 33.72€ | 2.06% |
| Deutz Aktiengesellschaft | 5.68€ | 5.32€ | -6.34% |
| Ishares € Corp Bond Esg Ucits Etf | 4.68€ | 4.70€ | 0.427% |
| Gea Group Aktiengesellschaft | 37.42€ | 36.46€ | -2.57% |
The Xtrackers Msci Japan Ucits Etf 1c ETF price gained 1.20% on the last trading day (Friday, 26th Apr 2024), rising from 71.69€ to 72.55€. During the last trading day the ETF fluctuated 1.10% from a day low at 71.95€ to a day high of 72.74€. The price has risen in 6 of the last 10 days but is still down by -3.96% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 17 thousand more shares were traded than the day before. In total, 41 thousand shares were bought and sold for approximately 3.00€ million.
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.
The Vanguard Ftse Japan Ucits Etf ETF price gained 1.26% on the last trading day (Friday, 26th Apr 2024), rising from 32.63€ to 33.04€. During the last trading day the ETF fluctuated 0.91% from a day low at 32.81€ to a day high of 33.11€. The price has risen in 6 of the last 10 days but is still down by -3.9% for this period. Volume fell on the last day by -6 thousand shares and in total, 68 thousand shares were bought and sold for approximately 2.24€ 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.
The DEUTZ Aktiengesellschaft stock price gained 2.90% on the last trading day (Friday, 26th Apr 2024), rising from 5.52€ to 5.68€. During the last trading day the stock fluctuated 3.53% from a day low at 5.66€ to a day high of 5.86€. The price has fallen in 8 of the last 10 days and is down by -7.27% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 323 thousand more shares were traded than the day before. In total, 633 thousand shares were bought and sold for approximately 3.59€ 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 DEUTZ Aktiengesellschaft stock to perform well in the short-term.
About DEUTZ Aktiengesellschaft:
DEUTZ Aktiengesellschaft manufactures diesel and gas engines in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates through three segments: DEUTZ Compact Engines, DEUTZ Customized Solutions, and Other. The DEUTZ Compact Engines segment provides servicing of liquid-cooled engines with capacities of up to 8 liters. The DEUTZ Customized Solutions segment offers air-cooled drives and liquid-cooled engines with a capacity exceeding 8 liters; and reconditioned exchange engines and parts. The Other segment is involved in manufacturing electric and hybrid drive systems for marine applications under the Torqeedo brand; and development of battery management hardware and software products under the Futavis name, as well as focuses on the electrification of drive systems and electric-powered watercraft. The company also offers installation, maintenance, and repair services for engines. Its products are used in various applications, such as construction equipment, agricultural machinery, material handling equipment, ground support equipment, stationary equipment, commercial vehicles, rail vehicles, boats, and other applications. The company was founded in 1864 and is headquartered in Cologne, Germany.
The Ishares € Corp Bond Esg Ucits Etf ETF price gained 0.214% on the last trading day (Friday, 26th Apr 2024), rising from 4.67€ to 4.68€. During the last trading day the ETF fluctuated 0.429% from a day low at 4.66€ to a day high of 4.68€. The price has fallen in 4 of the last 10 days and is down by -0.64% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 903 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately 5.07€ million.
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.
The GEA Group Aktiengesellschaft stock price gained 1.35% on the last trading day (Friday, 26th Apr 2024), rising from 36.92€ to 37.42€. During the last trading day the stock fluctuated 1.40% from a day low at 37.10€ to a day high of 37.62€. The price has been going up and down for this period, and there has been a -0.85% loss for the last 2 weeks. Volume fell on the last day by -53 thousand shares and in total, 150 thousand shares were bought and sold for approximately 5.62€ 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.
GEA Group Aktiengesellschaft 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.
About GEA Group Aktiengesellschaft:
GEA Group Aktiengesellschaft engages in the development and production of systems and components for the food processing industry worldwide. The company operates through five divisions: Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies. It provides separators, decanters, homogenizers, valves, and pumps; and process solutions for the dairy, food, beverage, chemical, and other industries. The company also offers solutions for food processing and pharmaceutical industries, which includes preparation, marinating, and processing of meat, poultry, seafood, vegan products, pasta production, baking, slicing, packaging, and confectionary, as well as frozen food processing; and granulation systems and tablet presses. In addition, it provides integrated customer solutions for milk production and livestock farming, such as automatic milking, feeding systems, conventional milking solutions, manure handling, and digital herd management tools; and sustainable energy solutions for an array of industries including food, beverage, dairy, and oil and gas in the field of industrial refrigeration and temperature control. The company was formerly known as mg technologies ag and changed its name to GEA Group Aktiengesellschaft in 2005. GEA Group Aktiengesellschaft was founded in 1881 and is headquartered in Düsseldorf, Germany.
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.
