Breakout Stocks of Week 27 @ SAO
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 OceanPact Serviços Marítimos S.A. SAO:OPCT3. This stock has had a buy signal since Jun 25, 2024 when the price was R$6.53 , but have so far fallen -1.07% to R$6.46. Some other companies are on our watchlist to, among these are Hapvida Participações e Investimentos S.A. SAO:HAPV3 Camil Alimentos S.A. SAO:CAML3 Rede D'Or São Luiz S.A. SAO:RDOR3 and Orizon Valorização de Resíduos S.A. SAO:ORVR3 which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Oceanpact Serviços Marítimos S.a. | R$6.46 | R$6.41 ( 2nd Jul 2024 ) | -0.774% |
| Hapvida Participações E Investimentos S.a. | R$3.83 | R$3.72 ( 2nd Jul 2024 ) | -2.87% |
| Camil Alimentos S.a. | R$8.25 | R$8.34 ( 2nd Jul 2024 ) | 1.09% |
| Rede D'or São Luiz S.a. | R$27.20 | R$26.91 ( 2nd Jul 2024 ) | -1.07% |
| Orizon Valorização De Resíduos S.a. | R$38.60 | R$38.49 ( 2nd Jul 2024 ) | -0.285% |
The OceanPact Serviços Marítimos S.A. stock price fell by -0.92% on the last day (Friday, 28th Jun 2024) from R$6.52 to R$6.46. During the last trading day the stock fluctuated 1.86% from a day low at R$6.46 to a day high of R$6.58. The price has been going up and down for this period, and there has been a -0.92% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -60 thousand shares and in total, 310 thousand shares were bought and sold for approximately R$2.00 million.
OceanPact Serviços Marítimos S.A. 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 Hapvida Participações e Investimentos stock price fell by -2.05% on the last day (Friday, 28th Jun 2024) from R$3.91 to R$3.83. During the last trading day the stock fluctuated 3.16% from a day low at R$3.80 to a day high of R$3.92. The price has fallen in 6 of the last 10 days but is still up by 2.13% over the past 2 weeks. Volume has increased on the last day by 10 million 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, 41 million shares were bought and sold for approximately R$157.87 million.
Hapvida Participações e Investimentos 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.
No changes to the price of Camil Alimentos S.A. stock on the last trading day (Friday, 28th Jun 2024). During the last trading day the stock fluctuated 2.09% from a day low at R$8.12 to a day high of R$8.29. The price has fallen in 6 of the last 10 days and is down by -8.74% for this period.
The Camil Alimentos S.A. stock holds several negative signals and despite the positive trend, we believe Camil Alimentos S.A. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
The Rede D'Or São Luiz S.A. stock price fell by -0.694% on the last day (Friday, 28th Jun 2024) from R$27.39 to R$27.20. During the last trading day the stock fluctuated 2.92% from a day low at R$26.72 to a day high of R$27.50. The price has been going up and down for this period, and there has been a 1% gain for the last 2 weeks. Volume has increased on the last day by 3 million 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, 8 million shares were bought and sold for approximately R$213.51 million.
Rede D'Or São Luiz S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
The Orizon Valorização de Resíduos S.A. stock price fell by -0.90% on the last day (Friday, 28th Jun 2024) from R$38.95 to R$38.60. During the last trading day the stock fluctuated 2.02% from a day low at R$38.52 to a day high of R$39.30. The price has fallen in 7 of the last 10 days but is still up by 2.44% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -423 thousand shares and in total, 475 thousand shares were bought and sold for approximately R$18.32 million.
Orizon Valorização de Resíduos S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
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.
