Breakout Stocks of Week 12
NASDAQ was up last week (week 11) by 3.09% ending at 13,319.86 points after gaining 399.71 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 Nurol Gayrimenkul Yatirim Ortakligi A.S. BIST:NUGYO. This stock has had a buy signal since Jan 11, 2021 when the price was TRY 7.54 and is so far up 103.05% to TRY 15.31. Some other companies are on our watchlist to, among these are Navient Corporation NASDAQ:NAVI Orient Bell Limited NSE:ORIENTBELL The Phoenix Mills Limited NSE:PHOENIXLTD and Solar A/S OMXC:SOLAR-B which all got a breakout pattern emerging.
| Date | Company | Price | Week 12 |
|---|---|---|---|
| Nurol Gayrimenkul Yatirim Ortakligi A.s. | TRY 15.31 | TRY 17.53 | 14.50% |
| Navient Corporation | $13.25 | $13.76 | 3.85% |
| Orient Bell Limited | ₹243.00 | ₹223.40 | -8.07% |
| The Phoenix Mills Limited | ₹799.65 | ₹745.70 | -6.75% |
| Solar A/s | kr496.50 | kr511.00 | 2.92% |
The Nurol Gayrimenkul Yatirim Ortakligi A.S. stock price gained 5.59% on the last trading day (Friday, 12th Mar 2021), rising from TRY 14.50 to TRY 15.31. 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 4.34% from a day low at TRY 14.74 to a day high of TRY 15.38. The price has risen in 8 of the last 10 days and is up by 18.13% 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, 581 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately TRY 17.97 million.
Nurol Gayrimenkul Yatirim Ortakligi A.S. 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.
About Nurol Gayrimenkul Yatirim Ortakligi A.S.:
Nurol Gayrimenkul Yatirim Ortakligi AS is a publicly owned real estate investment trust. It invests in the real estate markets across Turkey. The firm invests primarily in the commercial properties. Nurol Gayrimenkul Yatirim Ortakligi AS was launched in 1997 and is based in Istanbul. Turkey.
The Navient Corporation stock price gained 0.684% on the last trading day (Friday, 12th Mar 2021), rising from $13.16 to $13.25. During the last trading day the stock fluctuated 3.83% from a day low at $13.20 to a day high of $13.70. The price has risen in 5 of the last 10 days and is up by 7.03% 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, 10 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $31.60 million.
On Apr 25, 2024, it was reported that Barclays gave NAVI a "Underweight" grade with a "hold" action.
Navient Corporation 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.
About Navient Corporation:
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, as well as asset recovery services on FFELP loans owned by other institutions. It also owns, originates, acquires, and services refinance and in-school private education loans; and offers healthcare services that include revenue cycle outsourcing, accounts receivable management, extended business office support, consulting engagement, and public health programs, as well as business processing services to state governments, agencies, court systems, municipalities, and parking and tolling authorities. In addition, the company provides customizable solutions for its clients that include hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and public health departments; and corporate liquidity portfolio services. Navient Corporation was founded in 1973 and is headquartered in Wilmington, Delaware.
The Orient Bell Limited stock price gained 0.600% on the last trading day (Friday, 12th Mar 2021), rising from ₹241.55 to ₹243.00. During the last trading day the stock fluctuated 4.25% from a day low at ₹239.00 to a day high of ₹249.15. The price has risen in 6 of the last 10 days and is up by 6.02% 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, 13 thousand more shares were traded than the day before. In total, 62 thousand shares were bought and sold for approximately ₹15.02 million.
Orient Bell Limited 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.
About Orient Bell Limited:
Orient Bell Limited manufactures, trades in, and sells ceramic and floor tiles in India and internationally. It offers vitrified, ceramic, porcelain, designer, anti-skid, digital, double charge, GVT, cool, highlighter, PGVT, full body vitrified, polished vitrified, germ free, DGVT, forever, double glazed vitrified, stain resistant, nano, printed double charge, non-digital, Kerinox, and anti-static tiles. The company provides tiles for various applications, including bathrooms, kitchen, parking, elevation, bedrooms, outdoor, terrace, living room, balcony, swimming pools, porch, office, pathway, dining room, commercial, bar, restaurant, hospital, accent, automotive, schools, traffic, and stairs. It sells its products through channel partners. Orient Bell Limited was incorporated in 1977 and is headquartered in New Delhi, India.
The The Phoenix Mills Limited stock price gained 0.452% on the last trading day (Friday, 12th Mar 2021), rising from ₹796.05 to ₹799.65. During the last trading day the stock fluctuated 0.93% from a day low at ₹794.60 to a day high of ₹802.00. The price has been going up and down for this period, and there has been a -0.07% 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, 145 thousand more shares were traded than the day before. In total, 218 thousand shares were bought and sold for approximately ₹174.55 million.
The Phoenix Mills Limited 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.
About The Phoenix Mills Limited:
The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India. The company operates in two segments, Property and Related Services, and Hospitality. Its real estate asset portfolio consists of retail mall, commercial office, residential, and hospitality projects located in Mumbai, Chennai, Bengaluru, Pune, Kolkata, Lucknow, Bareilly, Agra, Ahmedabad, and Indore. The company owns and operates hotels under The St. Regis name with 395 keys and ten restaurants in Mumbai; and Courtyard by Marriott brand name with 193 keys and four restaurants in Agra. It operates malls primarily under the Phoenix MarketCity, Phoenix Palladium, Phoenix United, and Phoenix Palassio brand names. The Phoenix Mills Limited was incorporated in 1905 and is based in Mumbai, India.
The Solar A/S stock price gained 0.101% on the last trading day (Friday, 12th Mar 2021), rising from kr496.00 to kr496.50. 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 5.21% from a day low at kr480.00 to a day high of kr505.00. The price has risen in 9 of the last 10 days and is up by 9.97% over the past 2 weeks. Volume fell on the last day by -6 thousand shares and in total, 8 thousand shares were bought and sold for approximately kr3.99 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.
Solar A/S 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.
About Solar A/S:
Ambu A/S develops, produces, and sells medical devices to hospitals, clinics, and rescue services worldwide. It provides healthcare solutions in the fields of visualization, anesthesia, and patient monitoring and diagnostics. The company offers endoscopy products, such as bronchoscopes and monitors; and neurology products, including EEG and EMG electrodes, EMG guided injections, and intraoperative monitoring products. It also provides cardiology products consisting of ECG electrodes; and airway management and anaesthesia products, such as bronchoscopes, video laryngoscopes, double and single lumen tubes, endobronchial blockers, laryngeal and face masks, breathing bags, and resuscitators. In addition, the company offers extrication collars, head immobilizers, CPR breathing barriers, and training manikins. Ambu A/S was founded in 1937 and is headquartered in Ballerup, Denmark.
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.
