Breakout Stocks of Week 24 @ PINK
NASDAQ was up last week (week 23) by 2.38% ending at 17,133.13 points after gaining 398.11 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 PGIM Ultra Short Bond ETF PINK:PULS. This stock has had a buy signal since Jun 04, 2024 when the price was $49.55 and is so far up 0.0202% to $49.56. Some other companies are on our watchlist to, among these are which all got a breakout pattern emerging.
| Date | Company | Price | Week 24 |
|---|---|---|---|
| Pgim Ultra Short Bond Etf | $49.56 | $49.62 | 0.121% |
No changes to the price of PGIM Ultra Short Bond ETF on the last trading day (Friday, 7th Jun 2024). During the last trading day the ETF fluctuated 0.0404% from a day low at $49.56 to a day high of $49.58. The price has risen in 6 of the last 10 days but is still down by -0.24% for this period.
PGIM Ultra Short Bond 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.
