Breakout Stocks of Week 18 @ SIX
NASDAQ was up last week (week 17) by 4.23% ending at 15,927.90 points after gaining 645.89 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 Ishares Smi Etf (ch) SIX:CSSMI. This stock has had a buy signal since Apr 17, 2024 when the price was 116.52 Fr and is so far up 0.94% to 117.62 Fr. Some other companies are on our watchlist to, among these are Geberit AG SIX:GEBN Siegfried Holding AG SIX:SFZN Ishares Core Spi Etf (ch) SIX:CHSPI and Partners Group Holding AG SIX:PGHN which all got a breakout pattern emerging.
| Date | Company | Price | Week 18 |
|---|---|---|---|
| Ishares Smi Etf (ch) | 117.62 Fr | 117.16 Fr | -0.391% |
| Geberit Ag | 495.50 Fr | 506.20 Fr | 2.16% |
| Siegfried Holding Ag | 876.00 Fr | 863.00 Fr | -1.48% |
| Ishares Core Spi Etf (ch) | 137.18 Fr | 136.86 Fr | -0.233% |
| Partners Group Holding Ag | 1,195.00 Fr | 1,204.50 Fr | 0.795% |
The Ishares Smi Etf (ch) ETF price gained 0.650% on the last trading day (Friday, 26th Apr 2024), rising from 116.86 Fr to 117.62 Fr. During the last trading day the ETF fluctuated 0.563% from a day low at 117.18 Fr to a day high of 117.84 Fr. The price has risen in 7 of the last 10 days but is still down by -0.19% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 26 thousand shares were bought and sold for approximately 3.08 Fr million.
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 Geberit AG stock price gained 2.55% on the last trading day (Friday, 26th Apr 2024), rising from 483.20 Fr to 495.50 Fr. During the last trading day the stock fluctuated 1.89% from a day low at 487.40 Fr to a day high of 496.60 Fr. The price has fallen in 6 of the last 10 days and is down by -1.45% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 76 thousand shares were bought and sold for approximately 37.66 Fr million.
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 Geberit AG stock to perform well in the short-term period.
The Siegfried Holding AG stock price gained 0.690% on the last trading day (Friday, 26th Apr 2024), rising from 870.00 Fr to 876.00 Fr. During the last trading day the stock fluctuated 1.27% from a day low at 865.00 Fr to a day high of 876.00 Fr. The price has fallen in 6 of the last 10 days and is down by -1.24% for this period. Volume fell on the last day by -757 shares and in total, 4 thousand shares were bought and sold for approximately 3.61 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.
About Siegfried Holding AG:
Siegfried Holding AG engages in the life sciences business worldwide. The company develops and produces active pharmaceutical ingredients (APIs) and intermediates, as well as finished dosage forms, including solid oral dosage forms, and sterile and aseptic filling injectables, ophthalmics, and inhalative products. It offers contract development and manufacturing services, including pharmaceutical and analytical development, process and analytical transfer, commercial manufacturing and packaging, and scale up and clinical trial material production. In addition, the company provides APIs and controlled substances focusing on anesthetics, pain treatment applications, and central nervous and respiratory diseases. Further, it licenses oral solid and sterile products; assembles registration dossiers; and offers a common technical document for various products. The company was founded in 1873 and is headquartered in Zofingen, Switzerland.
The Ishares Core Spi Etf (ch) ETF price gained 0.749% on the last trading day (Friday, 26th Apr 2024), rising from 136.16 Fr to 137.18 Fr. During the last trading day the ETF fluctuated 0.660% from a day low at 136.46 Fr to a day high of 137.36 Fr. The price has risen in 7 of the last 10 days but is still down by -0.23% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 13 thousand more shares were traded than the day before. In total, 39 thousand shares were bought and sold for approximately 5.38 Fr million.
Ishares Core Spi Etf (ch) 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 Partners Group Holding AG stock price gained 1.19% on the last trading day (Friday, 26th Apr 2024), rising from 1,181.00 Fr to 1,195.00 Fr. During the last trading day the stock fluctuated 1.51% from a day low at 1,191.00 Fr to a day high of 1,209.00 Fr. The price has fallen in 6 of the last 10 days and is down by -5.98% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 9 thousand more shares were traded than the day before. In total, 55 thousand shares were bought and sold for approximately 65.47 Fr million.
Partners Group Holding 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 Partners Group Holding AG:
Partners Group Holding AG is a private equity firm specializing in direct, secondary, and primary investments across private equity, private real estate, private infrastructure, and private debt. The firm also makes fund of funds investments. It seeks to invest in distressed, special situations, later stage, mature, early venture, mid venture, late venture, industry consolidation, buyouts, recapitalizations, emerging growth, and seed capital. For direct private equity investments, the firm invests directly into healthcare, consumer, media & telecommunications, education, information technology, industrials, infrastructure/energy & utilities, financial and business services and real estate operating companies. For its private real estate direct investment practice, it focuses on seeking out properties globally. It also makes investments in private real estate secondaries and primaries and focuses on distressed assets in United States, Europe, and Japan. Under private debt, the firm provides senior debt financing, mezzanine financing, alongside secondaries and primaries, and also participates in add on acquisitions. It seeks to invest in middle market in Americas, Europe, and Asia. In energy infrastructure, the firm seeks to invest in the areas of midstream, power generation, gas transportation, gas export infrastructure, renewable energy including wind and solar energy. The firm seeks to invest globally with a focus on South Africa, China, India, Philippines, Austria, France, Germany, Switzerland, Russia, Brazil, and Chile. It seems to invest between 500,000 ($685,010) and 100 million ($137 million) in equity investment in companies with enterprise value between 100 million ($137 million) to 2 billion ($2740 million). The firm is a value-add investor targeting majority and minority stake in its investee companies. While investing in funds, it invests in venture capital, mezzanine, private equity, real estate, distressed, turnaround, and secondary funds. Partners Group Holding AG was founded in 1996 and is based in Baar, Switzerland with additional offices across North America, South America, Europe, Australia, and Asia.
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.
