Breakout Stocks of Week 19
NASDAQ was down last week (week 18) by -0.386% ending at 13,962.68 points after falling -54.13 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 Card Factory Plc XLON:CARD. This stock has had a buy signal since Feb 26, 2021 when the price was £46.15 and is so far up 87.43% to £86.50. Some other companies are on our watchlist to, among these are Ingredion Incorporated NYSE:INGR Saul Centers, Inc. FRA:SA4 DBS Group Holdings Ltd PINK:DBSDY and COLUMBIA INDIA SMALL CAP ETF XLON:SCIN which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Card Factory Plc | £86.50 | £103.00 ( 7th May 2024 ) | 7.51% |
| Ingredion Incorporated | $93.41 | $115.41 ( 6th May 2024 ) | 1.62% |
| Saul Centers, Inc. | 35.40€ | 33.20€ ( 18th Apr 2023 ) | 1.13% |
| Dbs Group Holdings Ltd | $89.49 | $106.00 ( 6th May 2024 ) | 1.26% |
| Columbia India Small Cap Etf | £780.00 | £892.12 ( 27th Jan 2023 ) | 3.21% |
The Card Factory Plc stock price gained 10.19% on the last trading day (Friday, 30th Apr 2021), rising from £78.50 to £86.50. During the last trading day the stock fluctuated 10.04% from a day low at £78.70 to a day high of £86.60. The price has fallen in 5 of the last 10 days but is still up by 6.92% 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, 4 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately £374.79 million.
Card Factory Plc 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 Card Factory Plc:
Card Factory plc operates as a specialist retailer of greeting cards in the United Kingdom. It operates through two segments, Card Factory and Getting Personal. The company designs, sources, prints, warehouses, produces, distributes, and sells greeting cards, dressings, balloons, and gifts. It also provides cards for various occasions; and online personalized cards and gifts. The company offers its products through various retail locations, as well as through its websites, such as cardfactory.co.uk and gettingpersonal.co.uk. It operates approximately 1,020 Card Factory stores; and 4 franchise stores. Card Factory plc was founded in 1992 and is headquartered in Wakefield, the United Kingdom.
The Ingredion Incorporated stock price gained 0.139% on the last trading day (Friday, 30th Apr 2021), rising from $93.28 to $93.41. During the last trading day the stock fluctuated 1.39% from a day low at $92.52 to a day high of $93.81. The price has been going up and down for this period, and there has been a 0.48% gain 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, 186 thousand more shares were traded than the day before. In total, 400 thousand shares were bought and sold for approximately $37.37 million.
On Mar 06, 2024, it was reported that Stephens gave INGR a "Buy" grade with a "hold" action.
Ingredion Incorporated 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 Ingredion Incorporated:
Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. It operates through four segments: North America; South America; Asia-Pacific; and Europe, Middle East and Africa. The company offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, and glucose syrup solids, as well as food-grade and industrial starches, biomaterials, and nutrition ingredients. It also provides edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods; and corn gluten feed used as protein feed for chickens, pet food, and aquaculture, as well as fruit and vegetable products, such as concentrates, purees and essences, pulse proteins, and hydrocolloids systems and blends. The company's products are derived primarily from processing corn and other starch-based materials, such as tapioca, potato, and rice. It serves food, beverage, brewing, and animal nutrition industries. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.
The Saul Centers, Inc. stock price gained 1.14% on the last trading day (Friday, 30th Apr 2021), rising from 35.00€ to 35.40€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.71% from a day low at 35.00€ to a day high of 35.60€. The price has risen in 6 of the last 10 days and is up by 7.27% over the past 2 weeks.
Saul Centers, Inc. 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 Saul Centers, Inc.:
Aileron Therapeutics, Inc. operates as a clinical stage chemoprotection oncology company in the United States. The company is developing ALRN-6924, which is in Phase 1 trial for solid tumor and lymphoma; Phase 2a clinical trial to treat peripheral T-cell lymphoma; Phase I clinical trial for the treatment of acute myeloid leukemia (AML) and advanced myelodysplastic syndrome (MDS); Phase 1b trial to test the combination of ALRN-6924 and cytarabine, or Ara-C, in patients with MDS; and a Phase 2a combination trial of ALRN-6924 and palbociclib in patients with tumors harboring MDM2 amplifications co-amplifications, as well as for patients with p53-mutated small cell lung cancer that has completed Phase 1b clinical trial. It has a license agreement with Dana-Farber Cancer Institute and Harvard College; and Umicore Precious Metals Chemistry USA, LLC. The company was formerly known as Renegade Therapeutics, Inc. and changed its name to Aileron Therapeutics, Inc. in February 2007. Aileron Therapeutics, Inc. was incorporated in 2001 and is based in Boston, Massachusetts.
The DBS Group Holdings Ltd stock price gained 0.87% on the last trading day (Friday, 30th Apr 2021), rising from $88.72 to $89.49. During the last trading day the stock fluctuated 1.45% from a day low at $89.26 to a day high of $90.55. The price has fallen in 6 of the last 10 days but is still up by 2.24% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 25 thousand shares were bought and sold for approximately $2.25 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.
DBS Group Holdings 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.
About DBS Group Holdings Ltd:
DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers. The Institutional Banking segment provides financial services and products for bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium sized businesses. Its products and services comprise short-term working capital financing and specialized lending; cash management, trade finance, and securities and fiduciary services; treasury and markets products; and corporate finance and advisory banking, as well as capital markets solutions. The Treasury Markets segment is involved in the structuring, market-making, and trading in a range of treasury products. The Others segment offers Islamic banking services. The company was founded in 1968 and is headquartered in Singapore.
The COLUMBIA INDIA SMALL CAP ETF stock price gained 0.91% on the last trading day (Friday, 30th Apr 2021), rising from £773.00 to £780.00. During the last trading day the stock fluctuated 3.17% from a day low at £758.96 to a day high of £783.00. The price has risen in 5 of the last 10 days and is up by 0.91% over the past 2 weeks. Volume fell on the last day by -165 thousand shares and in total, 99 thousand shares were bought and sold for approximately £77.25 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.
COLUMBIA INDIA SMALL CAP ETF 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 COLUMBIA INDIA SMALL CAP ETF:
The Scottish Investment Trust PLC is a publicly owned investment manager. The firm manages separate client-focused equity portfolios. It invests in public equity markets across the globe. It employs a fundamental analysis with a bottom-up stock picking approach. The Scottish Investment Trust PLC was founded in 1887 and is based in Edinburgh, United Kingdom.
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.
