Breakout Stocks of Week 15 @ PAR
NASDAQ was down last week (week 14) by -0.799% ending at 16,248.52 points after falling -130.94 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 Gaztransport & Technigaz Société Anonyme PAR:GTT. This stock has had a buy signal since Apr 05, 2024 when the price was 141.70€ , but have so far fallen 0% to 141.70€. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 15 |
|---|---|---|---|
| Gaztransport & Technigaz Société Anonyme | 141.70€ | 140.00€ | -1.20% |
| Kering Sa | 362.80€ | 350.50€ | -3.39% |
The Gaztransport & Technigaz Société stock price gained 2.90% on the last trading day (Friday, 5th Apr 2024), rising from 137.70€ to 141.70€. During the last trading day the stock fluctuated 3.28% from a day low at 137.20€ to a day high of 141.70€. The price has risen in 6 of the last 10 days and is up by 2.83% 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, 86 thousand more shares were traded than the day before. In total, 158 thousand shares were bought and sold for approximately 22.37€ million.
Gaztransport & Technigaz Société 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.
About Gaztransport & Technigaz Société Anonyme:
Gaztransport & Technigaz SA, a technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and liquefied natural gas (LNG) in South Korea, China, Russia, and internationally. The company offers solutions, such as commercial vessel tanks, small and medium-capacity LNG carriers, bunker barges and vessels, and floating storage structures and bunkering stations for supplying LNG to merchant vessels other than LNG carriers; and LNG fuel storage solutions and related systems for the merchant vessels that use LNG as a marine fuel to replace the conventional fuel oils. It also provides membrane technology system for the bulk transportation and storage of LNG; and LNG Brick, a package for storage of gas for propulsion dedicated to ships requiring a small quantity of LNG. Further, it provides consultancy and engineering study, construction assistance, emergency response, training, and maintenance support services; and designs and assembles electrolysers for the production of green hydrogen, as well as offers smart shipping services; and digital services, such as in-depth data analytics. In addition, the company licenses its technologies to shipyards. The company serves shipyards, ship-owners, terminal operators, gas companies, and classification societies. Gaztransport & Technigaz SA was founded in 1963 and is headquartered in Saint-Rémy-lès-Chevreuse, France.
The Kering SA stock price fell by -1.76% on the last day (Friday, 5th Apr 2024) from 369.30€ to 362.80€. During the last trading day the stock fluctuated 1.06% from a day low at 362.80€ to a day high of 366.65€. The price has fallen in 6 of the last 10 days and is down by -3.3% for this period. Volume has increased on the last day by 64 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, 214 thousand shares were bought and sold for approximately 77.52€ million.
The Kering SA stock holds several negative signals and despite the positive trend, we believe Kering SA will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About Kering SA:
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; and jewelry and watches, as well as ready-to-wear products for men and women. It also provides perfumes and cosmetics. The company provides Gucci, Saint Laurent, Bottega Veneta, Alexander McQueen, Balenciaga, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Girard-Perregaux, Ulysse Nardin, and Kering Eyewear branded products. It sells its products through stores and e-commerce sites. As of December 31, 2021, it operated 1,565 stores. Kering SA sells its products in the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company was formerly known as PPR SA and changed its name to Kering SA in June 2013. Kering SA was founded in 1963 and is based in Paris, France.
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.
