Breakout Stocks of Week 20 @ SAO

NASDAQ was up last week (week 19) by 4.51% ending at 26,247.08 points after gaining 1,132.63 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 Companhia de Saneamento de Minas Gerais SAO:CSMG3. This stock has had a buy signal since May 08, 2026 when the price was R$54.44 , but have so far fallen 0% to R$54.44. Some other companies are on our watchlist to, among these are Caixa Seguridade Participações S.A. SAO:CXSE3 São Martinho S.A. SAO:SMTO3 Itaú Unibanco Holding S.A. SAO:ITUB3 and Equatorial Energia S.A. SAO:EQTL3 which all got a breakout pattern emerging.

Date Company Price Week 20
May 08, 2026 Companhia De Saneamento De Minas Gerais R$54.44 R$51.70 -5.03%
May 08, 2026 Caixa Seguridade Participações S.a. R$17.71 R$17.39 -1.81%
May 08, 2026 São Martinho S.a. R$16.80 R$18.25 8.63%
May 08, 2026 Itaú Unibanco Holding S.a. R$41.39 R$40.26 -2.73%
May 08, 2026 Equatorial Energia S.a. R$42.31 R$38.59 -8.79%

Companhia de Saneamento de Minas Gerais

SAO:CSMG3 Buy Candidate Score: 2.88
Buy Candidate Score: 2.88 May 08, 2026

The Companhia de Saneamento de Minas Gerais stock price gained 1.28% on the last trading day (Friday, 8th May 2026), rising from R$53.75 to R$54.44. During the last trading day the stock fluctuated 3.06% from a day low at R$53.61 to a day high of R$55.25. The price has risen in 6 of the last 10 days but is still down by -3.73% for this period. Volume fell on the last day by -2 million shares and in total, 3 million shares were bought and sold for approximately R$176.05 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Companhia de Saneamento de Minas Gerais stock to perform well in the short-term period.

Caixa Seguridade Participações S.A.

SAO:CXSE3 Buy Candidate Score: 2.35
Buy Candidate Score: 2.35 May 08, 2026

The Caixa Seguridade Participações S.A. stock price gained 1.08% on the last trading day (Friday, 8th May 2026), rising from R$17.52 to R$17.71. During the last trading day the stock fluctuated 2.99% from a day low at R$17.37 to a day high of R$17.89. The price has fallen in 7 of the last 10 days and is down by -4.37% for this period. Volume fell on the last day by -423 thousand shares and in total, 4 million shares were bought and sold for approximately R$64.12 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Caixa Seguridade Participações S.A. stock to perform well in the short-term period.

São Martinho S.A.

SAO:SMTO3 Hold/Accumulate Score: 0.740
Hold/Accumulate Score: 0.740 May 08, 2026

The São Martinho S.A. stock price gained 2.13% on the last trading day (Friday, 8th May 2026), rising from R$16.45 to R$16.80. During the last trading day the stock fluctuated 3.11% from a day low at R$16.39 to a day high of R$16.90. The price has risen in 7 of the last 10 days and is up by 3.96% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately R$38.90 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

São Martinho 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.

Itaú Unibanco Holding S.A.

SAO:ITUB3 Hold/Accumulate Score: 0.731
Hold/Accumulate Score: 0.731 May 08, 2026

The Itaú Unibanco Holding S.A. stock price gained 1.50% on the last trading day (Friday, 8th May 2026), rising from R$40.78 to R$41.39. During the last trading day the stock fluctuated 1.37% from a day low at R$41.00 to a day high of R$41.56. The price has fallen in 6 of the last 10 days and is down by -5.65% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 384 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately R$103.20 million.

Itaú Unibanco Holding S.A. 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.

Equatorial Energia S.A.

SAO:EQTL3 Hold/Accumulate Score: 0.707
Hold/Accumulate Score: 0.707 May 08, 2026

The Equatorial Energia S.A. stock price gained 0.261% on the last trading day (Friday, 8th May 2026), rising from R$42.20 to R$42.31. During the last trading day the stock fluctuated 1.73% from a day low at R$42.25 to a day high of R$42.98. The price has been going up and down for this period, and there has been a -3.67% loss for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 6 million shares were bought and sold for approximately R$233.22 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Equatorial Energia S.A. 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.

GOLDEN STAR
Ticker Change Signal Date
NESR
$25.06
0.439% Jun 22
IDYA
$28.98
25.19% Jun 12
PHM
$118.49
14.53% Jun 10
DHI
$146.71
13.50% Jun 10
EAT
$140.46
20.94% Jun 05
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