Sign InBreakout Stocks of Week 20 @ XBOM
NASDAQ was up last week (week 19) by 4.51% ending at 26,247.08 points after gaining 1,132.63 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 Dev Labtech Venture Limited XBOM:DEVLAB. This stock has had a buy signal since Apr 20, 2026 when the price was ₹95.50 , but have so far fallen -83.73% to ₹15.54. Some other companies are on our watchlist to, among these are Sun TV Network Limited XBOM:SUNTV and Arunjyoti Bio Ventures Limited XBOM:ABVL which all got a breakout pattern emerging.
| Date | Company | Price | Week 20 |
|---|---|---|---|
| Dev Labtech Venture Limited | ₹15.54 | ₹31.50 | 102.74% |
| Sun Tv Network Limited | ₹574.00 | ₹535.10 | -6.78% |
| Arunjyoti Bio Ventures Limited | ₹6.53 | ₹6.01 | -7.96% |
The Dev Labtech Venture Limited stock price gained 1.97% on the last trading day (Friday, 8th May 2026), rising from ₹15.24 to ₹15.54. It has now gained 6 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 4.02% from a day low at ₹14.94 to a day high of ₹15.54. The price has risen in 9 of the last 10 days and is up by 24.3% over the past 2 weeks. Volume fell on the last day by -264 thousand shares and in total, 176 thousand shares were bought and sold for approximately ₹2.73 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.
Dev Labtech Venture Limited 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 Sun TV Network Limited stock price gained 0.402% on the last trading day (Friday, 8th May 2026), rising from ₹571.70 to ₹574.00. During the last trading day the stock fluctuated 1.07% from a day low at ₹569.05 to a day high of ₹575.15. The price has been going up and down for this period, and there has been a -7.9% loss for the last 2 weeks. Volume fell on the last day by -4 thousand shares and in total, 9 thousand shares were bought and sold for approximately ₹5.23 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.
Sun TV Network Limited holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
The Arunjyoti Bio Ventures Limited stock price fell by -4.95% on the last day (Friday, 8th May 2026) from ₹6.87 to ₹6.53. During the last trading day the stock fluctuated 9.80% from a day low at ₹6.53 to a day high of ₹7.17. The price has fallen in 8 of the last 10 days and is down by -26.63% for this period. Volume has increased on the last day by 1 million 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, 2 million shares were bought and sold for approximately ₹12.88 million.
The Arunjyoti Bio Ventures Limited stock holds several negative signals and despite the positive trend, we believe Arunjyoti Bio Ventures Limited will perform weakly in the next couple of days or weeks. Therefore, we 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
|
13.01% | Jun 05 |
TPR
$140.47
|
3.50% | Jun 04 |
GLBE
$31.61
|
5.09% | May 05 |
FIZZ
$34.11
|
8.36% | May 01 |
|
W
WCLD
$27.34
|
12.18% | Apr 29 |
