Sign InBreakout Stocks of Week 30 @ NZX
NASDAQ was down last week (week 29) by -2.90% ending at 25,520.24 points after falling -761.36 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 Mercury NZ Limited NZX:MCY. This stock has had a buy signal since Jul 07, 2026 when the price was $6.87 , but have so far fallen -1.46% to $6.77. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 30 |
|---|---|---|---|
| Mercury Nz Limited | $6.77 | $6.85 | 1.18% |
The Mercury NZ Limited stock price fell by -0.733% on the last day (Friday, 17th Jul 2026) from $6.82 to $6.77. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.03% from a day low at $6.77 to a day high of $6.84. The price has fallen in 5 of the last 10 days and is down by -0.88% for this period. Volume has increased on the last day by 370 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, 675 thousand shares were bought and sold for approximately $4.57 million.
Mercury NZ 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.
About Mercury NZ Limited:
Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Retail, and Other segments. It operates 9 hydro generation stations on the Waikato River; and 5 geothermal generation stations in the central North Island. The company sells electricity to residential, commercial, industrial, and spot market customers under the GLOBUG, Bosco, and Mercury brands. It also provides piped natural gas. The company was formerly known as Mighty River Power Limited and changed its name to Mercury NZ Limited in July 2016. Mercury NZ Limited was incorporated in 1998 and is based in Auckland, New Zealand.
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 |
