Sign InBreakout Stocks of Week 29 @ JNB
NASDAQ was up last week (week 28) by 1.81% ending at 26,281.61 points after gaining 468.18 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 Spear Reit Limited JNB:SEA. This stock has had a buy signal since Jul 10, 2026 when the price was $1,318.00 , but have so far fallen 0% to $1,318.00. Some other companies are on our watchlist to, among these are Discovery Limited JNB:DSY Shoprite Holdings Limited JNB:SHP Alexander Forbes Group Holdings Limited JNB:AFH and The Bidvest Group Limited JNB:BVT which all got a breakout pattern emerging.
| Date | Company | Price | Week 29 |
|---|---|---|---|
| Spear Reit Limited | $1,318.00 | $1,296.00 | -1.67% |
| Discovery Limited | $25,937.00 | $25,423.00 | -1.98% |
| Shoprite Holdings Limited | $28,370.00 | $28,319.00 | -0.180% |
| Alexander Forbes Group Holdings Limited | $735.00 | $725.00 | -1.36% |
| The Bidvest Group Limited | $23,542.00 | $23,843.00 | 1.28% |
The Spear Reit Limited stock price gained 0.765% on the last trading day (Friday, 10th Jul 2026), rising from $1,308.00 to $1,318.00. During the last trading day the stock fluctuated 1.45% from a day low at $1,310.00 to a day high of $1,329.00. The price has risen in 5 of the last 10 days but is still down by -0.75% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 72 thousand more shares were traded than the day before. In total, 87 thousand shares were bought and sold for approximately $114.67 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 Spear Reit Limited stock to perform well in the short-term.
The Discovery Limited stock price gained 1.09% on the last trading day (Friday, 10th Jul 2026), rising from $25,658.00 to $25,937.00. During the last trading day the stock fluctuated 3.23% from a day low at $25,151.00 to a day high of $25,964.00. The price has fallen in 6 of the last 10 days and is down by -7.7% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 741 thousand more shares were traded than the day before. In total, 741 thousand shares were bought and sold for approximately $19.23 billion.
Discovery 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.
The Shoprite Holdings Limited stock price gained 0.318% on the last trading day (Friday, 10th Jul 2026), rising from $28,280.00 to $28,370.00. During the last trading day the stock fluctuated 0.93% from a day low at $28,108.00 to a day high of $28,370.00. The price has fallen in 6 of the last 10 days and is down by -3.49% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 795 thousand more shares were traded than the day before. In total, 795 thousand shares were bought and sold for approximately $22.56 billion.
Shoprite Holdings 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.
The Alexander Forbes Group Holdings Limited stock price fell by -1.74% on the last day (Friday, 10th Jul 2026) from $748.00 to $735.00. During the last trading day the stock fluctuated 3.95% from a day low at $735.00 to a day high of $764.00. The price has fallen in 5 of the last 10 days and is down by -2% for this period. Volume has increased on the last day by 210 thousand 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, 210 thousand shares were bought and sold for approximately $154.19 million.
Alexander Forbes Group Holdings 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.
The The Bidvest Group Limited stock price gained 1.04% on the last trading day (Friday, 10th Jul 2026), rising from $23,300.00 to $23,542.00. During the last trading day the stock fluctuated 2.20% from a day low at $23,274.00 to a day high of $23,787.00. The price has fallen in 6 of the last 10 days and is down by -1.14% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $24.70 billion.
The Bidvest Group 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.
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
|
2.22% | Jul 27 |
UNFI
$49.05
|
3.63% | Jul 27 |
BIIB
$202.19
|
0.376% | Jul 24 |
TSCO
$30.32
|
1.48% | Jul 23 |
|
S
SW
$43.71
|
5.17% | Jul 23 |
