Breakout Stocks of Week 26 @ TSX
NASDAQ was up last week (week 25) by 2.43% ending at 26,517.93 points after gaining 629.09 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 Life & Banc Split Corp. TSX:LBS. This stock has had a buy signal since Apr 20, 2026 when the price was $12.07 and is so far up 10.00% to $13.28. Some other companies are on our watchlist to, among these are Open Text Corporation TSX:OTEX iShares S&P/TSX Capped Energy Index ETF TSX:XEG Wesdome Gold Mines Ltd. TSX:WDO and PrairieSky Royalty Ltd TSX:PSK which all got a breakout pattern emerging.
| Date | Company | Price | Week 26 |
|---|---|---|---|
| Life & Banc Split Corp. | $13.28 | $13.30 | 0.175% |
| Open Text Corporation | $29.47 | $31.30 | 6.21% |
| Ishares S&p/tsx Capped Energy Index Etf | $24.59 | $23.92 | -2.75% |
| Wesdome Gold Mines Ltd. | $24.48 | $24.66 | 0.735% |
| Prairiesky Royalty Ltd | $31.93 | $32.12 | 0.595% |
The Life & Banc Split Corp. stock price gained 0.609% on the last trading day (Friday, 19th Jun 2026), rising from $13.20 to $13.28. It has now gained 10 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 1.01% from a day low at $13.21 to a day high of $13.35. The price has risen in 10 of the last 10 days and is up by 15.45% over the past 2 weeks. Volume fell on the last day by -316 thousand shares and in total, 306 thousand shares were bought and sold for approximately $4.06 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.
Life & Banc Split Corp. 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 Open Text Corporation stock price gained 0.82% on the last trading day (Friday, 19th Jun 2026), rising from $29.23 to $29.47. During the last trading day the stock fluctuated 2.26% from a day low at $28.82 to a day high of $29.47. The price has fallen in 6 of the last 10 days and is down by -8.56% for this period. Volume fell on the last day by -17 thousand shares and in total, 3 million shares were bought and sold for approximately $96.24 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.
Open Text Corporation 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 Open Text Corporation:
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
The iShares S&P/TSX Capped Energy Index ETF price gained 0.696% on the last trading day (Friday, 19th Jun 2026), rising from $24.42 to $24.59. During the last trading day the ETF fluctuated 1.46% from a day low at $24.37 to a day high of $24.73. The price has fallen in 7 of the last 10 days and is down by -7.56% for this period. Volume fell on the last day by -3 million shares and in total, 1 million shares were bought and sold for approximately $29.11 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.
iShares S&P/TSX Capped Energy Index 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 Wesdome Gold Mines Ltd. stock price fell by -1.45% on the last day (Friday, 19th Jun 2026) from $24.84 to $24.48. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.70% from a day low at $24.13 to a day high of $24.54. The price has been going up and down for this period, and there has been a -0.29% loss 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 -194 thousand shares and in total, 909 thousand shares were bought and sold for approximately $22.26 million.
Wesdome Gold Mines 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 Wesdome Gold Mines Ltd.:
Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of doré bars, as well as silver as a by-product. The company's properties include the Eagle River Complex that consists of the Eagle River Mine, the Mishi Mine, and the Eagle River Mill located in Wawa, Ontario; and the Kiena Mine Complex, which includes the Kiena Mine concession and Kiena Mill situated in Val-d'Or, Québec. Wesdome Gold Mines Ltd. is based in Toronto, Canada.
The PrairieSky Royalty Ltd stock price gained 0.662% on the last trading day (Friday, 19th Jun 2026), rising from $31.72 to $31.93. During the last trading day the stock fluctuated 0.91% from a day low at $31.71 to a day high of $32.00. The price has fallen in 6 of the last 10 days and is down by -6.47% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 308 thousand more shares were traded than the day before. In total, 910 thousand shares were bought and sold for approximately $29.06 million.
PrairieSky Royalty 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 PrairieSky Royalty Ltd:
PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. It holds an interest in approximately 9.8 million acres with petroleum and/or natural gas rights; 8.5 million acres of gross overriding royalty interests; approximately 0.3 million acres of the GRT interests; and other acreage. The company was incorporated in 2013 and is headquartered in Calgary, Canada.
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 |
|---|---|---|
FOX
$50.81
|
2.22% | Jul 27 |
UNFI
$49.05
|
3.63% | Jul 27 |
BIIB
$202.19
|
0.376% | Jul 24 |
TSCO
$30.32
|
1.48% | Jul 23 |
|
S
SW
$43.71
|
5.17% | Jul 23 |
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