Sign InBreakout Stocks of Week 16 @ TSX
NASDAQ was up last week (week 15) by 4.68% ending at 22,902.89 points after gaining 1,023.71 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 Blackrock Asset Management Canada Ltd - Ishares S&p/tsx Composite High TSX:XEI. This stock has had a buy signal since Jan 13, 2026 when the price was $32.85 and is so far up 12.24% to $36.87. Some other companies are on our watchlist to, among these are Frontera Energy Corporation TSX:FEC Horizons U.s. Dollar Currency Etf TSX:DLR-U Tourmaline Oil Corp. TSX:TOU and Alimentation Couche-Tard Inc. TSX:ATD which all got a breakout pattern emerging.
| Date | Company | Price | Week 16 |
|---|---|---|---|
| Blackrock Asset Management Canada Ltd - Ishares S&... | $36.87 | $36.66 | -0.556% |
| Frontera Energy Corporation | $14.44 | $13.85 | -4.09% |
| Horizons U.s. Dollar Currency Etf | $10.13 | $10.13 | 0% |
| Tourmaline Oil Corp. | $61.20 | $59.79 | -2.30% |
| Alimentation Couche-tard Inc. | $77.83 | $78.73 | 1.16% |
Blackrock Asset Management Canada Ltd - Ishares S&p/tsx Composite High
TSX:XEIThe Blackrock Asset Management Canada Ltd - ETF price gained 0.614% on the last trading day (Friday, 10th Apr 2026), rising from $36.64 to $36.87. During the last trading day the ETF fluctuated 0.682% from a day low at $36.68 to a day high of $36.93. The price has risen in 7 of the last 10 days and is up by 2.06% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 270 thousand more shares were traded than the day before. In total, 497 thousand shares were bought and sold for approximately $18.32 million.
Blackrock Asset Management Canada Ltd - holds several positive signals and is within a strong 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 Frontera Energy Corporation stock price gained 4.03% on the last trading day (Friday, 10th Apr 2026), rising from $13.88 to $14.44. During the last trading day the stock fluctuated 4.56% from a day low at $13.82 to a day high of $14.45. The price has risen in 7 of the last 10 days and is up by 7.92% over the past 2 weeks. Volume fell on the last day by -67 thousand shares and in total, 167 thousand shares were bought and sold for approximately $2.41 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, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Frontera Energy Corporation stock to perform well in the short-term.
About Frontera Energy Corporation:
Frontera Energy Corporation explores for, develops, and produces crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 35 exploration and production blocks in Colombia, Ecuador, Guyana, and Peru; and in pipeline and port facilities in Colombia. As of December 31, 2021, it had total proved plus probable reserves of 167 million barrels of oil equivalent. The company was formerly known as Pacific Exploration & Production Corporation and changed its name to Frontera Energy Corporation in June 2017. Frontera Energy Corporation was incorporated in 1985 and is headquartered in Calgary, Canada.
The Horizons U.s. Dollar Currency Etf ETF price fell by -0.0493% on the last day (Friday, 10th Apr 2026) from $10.14 to $10.13. During the last trading day the ETF fluctuated 0.0987% from a day low at $10.13 to a day high of $10.14. The price has fallen in 4 of the last 10 days and is down by -0.69% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -172 thousand shares and in total, 891 thousand shares were bought and sold for approximately $9.02 million.
Horizons U.s. Dollar Currency Etf 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 Tourmaline Oil Corp. stock price gained 0.410% on the last trading day (Friday, 10th Apr 2026), rising from $60.95 to $61.20. During the last trading day the stock fluctuated 2.11% from a day low at $60.75 to a day high of $62.03. The price has been going up and down for this period, and there has been a -8.86% 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, 990 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $187.40 million.
Tourmaline Oil Corp. 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 Tourmaline Oil Corp.:
Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.
The Alimentation Couche-Tard Inc. stock price fell by -0.626% on the last day (Friday, 10th Apr 2026) from $78.32 to $77.83. During the last trading day the stock fluctuated 2.58% from a day low at $77.52 to a day high of $79.52. The price has fallen in 7 of the last 10 days and is down by -0.47% for this period. 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 -337 thousand shares and in total, 877 thousand shares were bought and sold for approximately $68.24 million.
Alimentation Couche-Tard Inc. 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.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
EAT
$140.46
|
7.38% | Jun 05 |
TPR
$140.47
|
3.67% | Jun 04 |
|
N
NVRI
$19.53
|
8.19% | May 20 |
SAP
$172.39
|
3.79% | May 05 |
GLBE
$31.61
|
2.44% | May 05 |
