Breakout Stocks of Week 19 @ OMXC
NASDAQ was up last week (week 18) by 1.43% ending at 16,156.33 points after gaining 228.43 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 Coloplast A-S OMXC:COLO-B. This stock has had a buy signal since May 03, 2024 when the price was kr860.00 , but have so far fallen 0% to kr860.00. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 19 |
|---|---|---|---|
| Coloplast A-s | kr860.00 | kr845.20 | -1.72% |
| Per Aarsleff Holding A/s | kr325.50 | kr329.50 | 1.23% |
The Coloplast A-S stock price gained 2.23% on the last trading day (Friday, 3rd May 2024), rising from kr841.20 to kr860.00. During the last trading day the stock fluctuated 2.73% from a day low at kr841.20 to a day high of kr864.20. The price has fallen in 6 of the last 10 days and is down by -5.08% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 48 thousand more shares were traded than the day before. In total, 211 thousand shares were bought and sold for approximately kr181.39 million.
Coloplast A-S 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 Per Aarsleff Holding A/S stock price gained 0.463% on the last trading day (Friday, 3rd May 2024), rising from kr324.00 to kr325.50. During the last trading day the stock fluctuated 1.09% from a day low at kr322.00 to a day high of kr325.50. The price has risen in 6 of the last 10 days and is up by 1.72% 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, 3 thousand more shares were traded than the day before. In total, 8 thousand shares were bought and sold for approximately kr2.64 million.
Per Aarsleff Holding A/S 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 Per Aarsleff Holding A/S:
Ambu A/S develops, produces, and sells medical devices to hospitals, clinics, and rescue services worldwide. It provides healthcare solutions in the fields of visualization, anesthesia, and patient monitoring and diagnostics. The company offers endoscopy products, such as bronchoscopes and monitors; and neurology products, including EEG and EMG electrodes, EMG guided injections, and intraoperative monitoring products. It also provides cardiology products consisting of ECG electrodes; and airway management and anaesthesia products, such as bronchoscopes, video laryngoscopes, double and single lumen tubes, endobronchial blockers, laryngeal and face masks, breathing bags, and resuscitators. In addition, the company offers extrication collars, head immobilizers, CPR breathing barriers, and training manikins. Ambu A/S was founded in 1937 and is headquartered in Ballerup, Denmark.
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.
