Breakout Stocks of Week 27 @ SIX
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 Schindler Holding AG SIX:SCHP. This stock has had a buy signal since Jun 27, 2024 when the price was 225.60 Fr and is so far up 0.0887% to 225.80 Fr. Some other companies are on our watchlist to, among these are Emmi AG SIX:EMMN Chocoladefabriken Lindt & Sprüngli AG SIX:LISP Dätwyler Holding AG SIX:DAE and Schindler Holding AG SIX:SCHN which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Schindler Holding Ag | 225.80 Fr | 226.00 Fr ( 2nd Jul 2024 ) | 0.0886% |
| Emmi Ag | 888.00 Fr | 897.00 Fr ( 2nd Jul 2024 ) | 1.01% |
| Chocoladefabriken Lindt & Sprüngli Ag | 10,490.00 Fr | 10,520.00 Fr ( 2nd Jul 2024 ) | 0.286% |
| Dätwyler Holding Ag | 168.80 Fr | 173.00 Fr ( 2nd Jul 2024 ) | 2.49% |
| Schindler Holding Ag | 224.00 Fr | 223.00 Fr ( 2nd Jul 2024 ) | -0.446% |
The Schindler Holding AG stock price gained 0.0887% on the last trading day (Friday, 28th Jun 2024), rising from 225.60 Fr to 225.80 Fr. During the last trading day the stock fluctuated 0.98% from a day low at 225.60 Fr to a day high of 227.80 Fr. The price has been going up and down for this period, and there has been a -4.08% loss for the last 2 weeks. Volume fell on the last day by -40 thousand shares and in total, 87 thousand shares were bought and sold for approximately 19.73 Fr 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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
The Emmi AG stock price fell by -0.560% on the last day (Friday, 28th Jun 2024) from 893.00 Fr to 888.00 Fr. During the last trading day the stock fluctuated 1.92% from a day low at 885.00 Fr to a day high of 902.00 Fr. The price has fallen in 5 of the last 10 days and is down by -1% for this period. Volume has increased on the last day by 825 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, 3 thousand shares were bought and sold for approximately 2.41 Fr million.
Emmi AG 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.
About Emmi AG:
Emmi AG, together with its subsidiaries, develops, produces, and markets a range of dairy and fresh products primarily in Switzerland, North and South America, Africa, Asia/Pacific, and the rest of Europe. The company operates through Dairy Products, Cheese, Fresh Products, Fresh Cheese, Powder/Concentrates, and Other Products/Services segments. It offers goat milk, cream, butter, cheese, desserts, ice cream, yogurt. The company also exports its products to approximately 60 countries. The company was founded in 1993 and is headquartered in Lucerne, Switzerland. Emmi AG is a subsidiary of ZMP Invest AG.
The Chocoladefabriken Lindt & Sprüngli AG stock price gained 0.575% on the last trading day (Friday, 28th Jun 2024), rising from 10,430.00 Fr to 10,490.00 Fr. During the last trading day the stock fluctuated 1.54% from a day low at 10,380.00 Fr to a day high of 10,540.00 Fr. The price has risen in 5 of the last 10 days but is still down by -2.42% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 662 more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately 24.04 Fr million.
Chocoladefabriken Lindt & Sprüngli AG 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 Chocoladefabriken Lindt & Sprüngli AG:
Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the manufacture and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman's, Caffarel, Hofbauer, Küfferle, and Pangburn's brands. It serves customers through a network of distributors, as well as through approximately 500 own shops. Chocoladefabriken Lindt & Sprüngli AG was founded in 1845 and is headquartered in Kilchberg, Switzerland.
The Dätwyler Holding AG stock price gained 0.476% on the last trading day (Friday, 28th Jun 2024), rising from 168.00 Fr to 168.80 Fr. During the last trading day the stock fluctuated 2.51% from a day low at 167.00 Fr to a day high of 171.20 Fr. The price has fallen in 6 of the last 10 days and is down by -9.15% for this period. Volume fell on the last day by -5 thousand shares and in total, 16 thousand shares were bought and sold for approximately 2.72 Fr 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.
Dätwyler Holding AG 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.
The Schindler Holding AG stock price gained 0.674% on the last trading day (Friday, 28th Jun 2024), rising from 222.50 Fr to 224.00 Fr. During the last trading day the stock fluctuated 0.90% from a day low at 222.50 Fr to a day high of 224.50 Fr. The price has been going up and down for this period, and there has been a -2.82% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 19 thousand shares were bought and sold for approximately 4.33 Fr million.
The Schindler Holding AG stock holds several negative signals and despite the positive trend, we believe Schindler Holding AG will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
About Schindler Holding AG:
Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight elevators, escalators, and moving walks worldwide. It also offers digital media services for engaging communication channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; and Schindler Ahead AdScreen, an advertising and communication space. In addition, the company provides transit management services through its destination control system. It offers its products and services to residential buildings, commercial and office buildings, hotels, healthcare facilities, shopping malls and retail facilities, public transport locations, institutional buildings, and marines, as well as stadiums, arenas, and convention centers. The company was founded in 1874 and is based in Hergiswil, Switzerland.
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.
