Breakout Stocks of Week 27 @ KSE
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 Miwon Commercial Co., Ltd. KSE:002840. This stock has had a buy signal since Jun 27, 2024 when the price was ₩203,000.00 and is so far up 0.246% to ₩203,500.00. Some other companies are on our watchlist to, among these are IGIS Value Plus REIT Co., Ltd. KSE:334890 DSR Wire Corp KSE:069730 Hyosung ITX Co. Ltd. KSE:094280 and KStar Short-term MSB ETF (Bond) KSE:196230 which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Miwon Commercial Co., Ltd. | ₩203,500.00 | ₩207,000.00 ( 2nd Jul 2024 ) | 1.72% |
| Igis Value Plus Reit Co., Ltd. | ₩5,230.00 | ₩5,120.00 ( 2nd Jul 2024 ) | -2.10% |
| Dsr Wire Corp | ₩4,490.00 | ₩4,265.00 ( 2nd Jul 2024 ) | -5.01% |
| Hyosung Itx Co. Ltd. | ₩13,470.00 | ₩14,050.00 ( 2nd Jul 2024 ) | 4.31% |
| Kstar Short-term Msb Etf (bond) | ₩112,000.00 | ₩112,020.00 ( 2nd Jul 2024 ) | 0.0179% |
The Miwon Commercial Co., Ltd. stock price gained 0.246% on the last trading day (Friday, 28th Jun 2024), rising from ₩203,000.00 to ₩203,500.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.10% from a day low at ₩199,800.00 to a day high of ₩204,000.00. The price has risen in 6 of the last 10 days and is up by 0.74% 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, 2 thousand more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately ₩841.07 million.
Miwon Commercial Co., Ltd. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
The IGIS Value Plus REIT Co., Ltd. stock price gained 1.95% on the last trading day (Friday, 28th Jun 2024), rising from ₩5,130.00 to ₩5,230.00. During the last trading day the stock fluctuated 1.94% from a day low at ₩5,150.00 to a day high of ₩5,250.00. The price has risen in 5 of the last 10 days and is up by 1.95% 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, 25 thousand more shares were traded than the day before. In total, 69 thousand shares were bought and sold for approximately ₩363.15 million.
IGIS Value Plus REIT Co., Ltd. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
The DSR Wire Corp stock price gained 3.10% on the last trading day (Friday, 28th Jun 2024), rising from ₩4,355.00 to ₩4,490.00. During the last trading day the stock fluctuated 3.88% from a day low at ₩4,380.00 to a day high of ₩4,550.00. The price has risen in 6 of the last 10 days and is up by 0.11% 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, 25 thousand more shares were traded than the day before. In total, 52 thousand shares were bought and sold for approximately ₩234.01 million.
DSR Wire Corp holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
The Hyosung ITX Co. Ltd. stock price gained 1.20% on the last trading day (Friday, 28th Jun 2024), rising from ₩13,310.00 to ₩13,470.00. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.42% from a day low at ₩13,230.00 to a day high of ₩13,550.00. The price has risen in 5 of the last 10 days and is up by 1.51% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 98 thousand shares were bought and sold for approximately ₩1.32 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.
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 Hyosung ITX Co. Ltd. stock to perform well in the short-term.
The KStar Short-term MSB ETF (Bond) stock price gained 0.0179% on the last trading day (Friday, 28th Jun 2024), rising from ₩111,980.00 to ₩112,000.00. It has now gained 10 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 0.0089% from a day low at ₩111,990.00 to a day high of ₩112,000.00. The price has risen in 10 of the last 10 days and is up by 0.13% 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, 31 thousand more shares were traded than the day before. In total, 59 thousand shares were bought and sold for approximately ₩6.60 billion.
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 KStar Short-term MSB ETF (Bond) stock 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.
