Breakout Stocks of Week 15 @ XLON
NASDAQ was down last week (week 14) by -0.799% ending at 16,248.52 points after falling -130.94 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 Wisdomtree Cloud Computing Ucits Etf XLON:KLWD. This stock has had a buy signal since Apr 03, 2024 when the price was £2,642.75 , but have so far fallen -0.83% to £2,620.75. Some other companies are on our watchlist to, among these are Starwood European Real Estate Finance Limited XLON:SWEF GCP Asset Backed Income Fund Limited XLON:GABI First Trust Nasdaq Cybersecurity Ucits Etf XLON:FCBR and 888 Holdings Plc XLON:888 which all got a breakout pattern emerging.
| Date | Company | Price | Week 15 |
|---|---|---|---|
| Wisdomtree Cloud Computing Ucits Etf | £2,620.75 | £2,637.25 | 0.630% |
| Starwood European Real Estate Finance Limited | £93.00 | £92.80 | -0.215% |
| Gcp Asset Backed Income Fund Limited | £67.80 | £66.40 | -2.06% |
| First Trust Nasdaq Cybersecurity Ucits Etf | £2,812.00 | £2,834.25 | 0.791% |
| 888 Holdings Plc | £83.55 | £80.60 | -3.53% |
The Wisdomtree Cloud Computing Ucits Etf ETF price fell by -1.70% on the last day (Friday, 5th Apr 2024) from £2,666.00 to £2,620.75. During the last trading day the ETF fluctuated 0.80% from a day low at £2,610.50 to a day high of £2,631.50. The price has been going up and down for this period, and there has been a -1.36% loss for the last 2 weeks. Volume has increased on the last day by 661 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 thousand shares were bought and sold for approximately £5.68 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 Starwood European Real Estate Finance stock price gained 0.541% on the last trading day (Friday, 5th Apr 2024), rising from £92.50 to £93.00. During the last trading day the stock fluctuated 4.04% from a day low at £91.51 to a day high of £95.20. The price has been going up and down for this period, and there has been a -2.11% loss for the last 2 weeks. Volume fell on the last day by -44 thousand shares and in total, 52 thousand shares were bought and sold for approximately £4.86 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 Starwood European Real Estate Finance stock to perform well in the short-term.
About Starwood European Real Estate Finance Limited:
Starwood European Real Estate Finance Ltd. specializes in making real estate debt investments. The fund invests in Europe with a focus on the United Kingdom and wider European Union's internal market, focusing on Northern and Southern Europe. It provides loans with a term between three and seven years.
The GCP Asset Backed Income Fund Limited stock price gained 1.19% on the last trading day (Friday, 5th Apr 2024), rising from £67.00 to £67.80. During the last trading day the stock fluctuated 1.80% from a day low at £66.80 to a day high of £68.00. The price has been going up and down for this period, and there has been a -0.88% loss for the last 2 weeks. Volume fell on the last day by -39 thousand shares and in total, 178 thousand shares were bought and sold for approximately £12.09 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 GCP Asset Backed Income Fund Limited stock to perform well in the short-term.
About GCP Asset Backed Income Fund Limited:
Project Finance Investments Limited is an investment firm based in Jersey, Channel Islands.
The First Trust Nasdaq Cybersecurity Ucits ETF price fell by -1.00% on the last day (Friday, 5th Apr 2024) from £2,840.50 to £2,812.00. During the last trading day the ETF fluctuated 0.94% from a day low at £2,792.21 to a day high of £2,818.50. The price has been going up and down for this period, and there has been a -0.32% loss for the last 2 weeks. 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 -4 thousand shares and in total, 6 thousand shares were bought and sold for approximately £15.58 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 888 Holdings Plc stock price gained 0.0599% on the last trading day (Friday, 5th Apr 2024), rising from £83.50 to £83.55. During the last trading day the stock fluctuated 2.46% from a day low at £81.84 to a day high of £83.85. The price has been going up and down for this period, and there has been a -0.89% loss for the last 2 weeks. Volume fell on the last day by -5 million shares and in total, 985 thousand shares were bought and sold for approximately £82.28 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 888 Holdings Plc:
REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various solar grade polysilicon for solar applications, including granular polysilicon, Siemens rod sections, chunks, chips, and fines. The company also provides electronic grade polysilicon comprising TearDrop, as-grown Siemens rods, rod sections, chunks, and chips for use in Czochralski monocrystalline ingot/wafer manufacturing for the semiconductor industry, as well as other electronic market segments, such as optics and microelectromechanical systems; and float zone polysilicon. In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, disilane, and polysilanes. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.
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.
