Sign InBreakout Stocks of Week 21 @ SZCE
NASDAQ was down last week (week 20) by -0.0836% ending at 26,225.14 points after falling -21.93 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 Dongguan Tarry Electronics Co.,ltd SZCE:300976. This stock has had a buy signal since Apr 10, 2026 when the price was ¥58.06 , but have so far fallen -6.40% to ¥54.34. Some other companies are on our watchlist to, among these are Wuxi Chemical Equipment Co., Ltd. SZCE:001332 Shenzhen Highpower Technology Co., Ltd. SZCE:001283 Norinco International Co Ltd. SZCE:000065 and Shenzhen Hifuture Information Technology Co., Ltd. SZCE:002168 which all got a breakout pattern emerging.
| Date | Company | Price | Week 21 |
|---|---|---|---|
| Dongguan Tarry Electronics Co.,ltd | ¥54.34 | ¥57.20 | 5.26% |
| Wuxi Chemical Equipment Co., Ltd. | ¥47.51 | ¥47.99 | 1.02% |
| Shenzhen Highpower Technology Co., Ltd. | ¥55.76 | ¥82.21 | 47.43% |
| Norinco International Co Ltd. | ¥12.56 | ¥12.19 | -2.95% |
| Shenzhen Hifuture Information Technology Co., Ltd. | ¥4.02 | ¥3.95 | -1.74% |
The Dongguan Tarry Electronics Co.,ltd stock price gained 1.43% on the last trading day (Friday, 15th May 2026), rising from ¥53.58 to ¥54.34. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 15.54% from a day low at ¥47.61 to a day high of ¥55.01. The price has risen in 9 of the last 10 days and is up by 22.14% over the past 2 weeks. Volume fell on the last day by -845 thousand shares and in total, 7 million shares were bought and sold for approximately ¥365.43 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.
Dongguan Tarry Electronics Co.,ltd holds several positive signals and is considered to be a good choice at current levels. We expect the stock to perform very well in the short term period.
The Wuxi Chemical Equipment Co., Ltd. stock price gained 2.85% on the last trading day (Friday, 15th May 2026), rising from ¥46.19 to ¥47.51. During the last trading day the stock fluctuated 6.73% from a day low at ¥45.75 to a day high of ¥48.83. The price has been going up and down for this period, and there has been a 3.44% gain 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, 267 thousand more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately ¥220.60 million.
Wuxi Chemical Equipment Co., Ltd. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
The Shenzhen Highpower Technology Co., Ltd. stock price gained 1.94% on the last trading day (Friday, 15th May 2026), rising from ¥54.70 to ¥55.76. During the last trading day the stock fluctuated 6.37% from a day low at ¥54.24 to a day high of ¥57.69. The price has risen in 6 of the last 10 days but is still down by -0.26% for this period. Volume fell on the last day by -671 thousand shares and in total, 5 million shares were bought and sold for approximately ¥303.32 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 Norinco International Co Ltd. stock price fell by -2.10% on the last day (Friday, 15th May 2026) from ¥12.83 to ¥12.56. During the last trading day the stock fluctuated 8.43% from a day low at ¥12.45 to a day high of ¥13.50. The price has been going up and down for this period, and there has been a 0.4% gain 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 -850 thousand shares and in total, 20 million shares were bought and sold for approximately ¥255.17 million.
Norinco International Co Ltd. 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 Norinco International Co Ltd.:
Norinco International Cooperation Ltd. operates as an engineering contractor in Asia, Africa, Europe, and internationally. It is involved in the construction of various projects, such as railways, roads and bridges, civil construction, municipal facilities, petroleum, power plants, industrial manufacturing, and environmental protection. The company also develops real estate properties, such as residential and commercial projects; and provides architectural decoration services. In addition, it offers services in the field of power engineering, mining facilities, heavy-duty vehicles and equipment, integrated logistics services, solar lighting, etc. Further, it researches, develops, and manufactures packaging containers. The company was founded in 2001 and is based in Beijing, China. Norinco International Cooperation Ltd. is a subsidiary of China North Industries Corporation.
Shenzhen Hifuture Information Technology Co., Ltd.
SZCE:002168The Shenzhen Hifuture Information Technology stock price gained 0.752% on the last trading day (Friday, 15th May 2026), rising from ¥3.99 to ¥4.02. During the last trading day the stock fluctuated 8.18% from a day low at ¥3.91 to a day high of ¥4.23. The price has fallen in 5 of the last 10 days and is down by -4.51% for this period. Volume fell on the last day by -3 million shares and in total, 8 million shares were bought and sold for approximately ¥33.46 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.
Shenzhen Hifuture Information Technology 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.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
LITE
$905.00
|
3.65% | Jun 01 |
RUN
$12.83
|
15.74% | May 06 |
GLBE
$31.61
|
0.569% | May 05 |
SAP
$172.39
|
4.80% | May 05 |
ADBE
$243.57
|
5.20% | Apr 29 |
