Breakout Stocks of Week 20
NASDAQ was down last week (week 19) by -1.51% ending at 13,752.24 points after falling -210.44 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 Bankwell Financial Group NASDAQ:BWFG. This stock has had a buy signal since May 03, 2021 when the price was $27.55 and is so far up 5.84% to $29.16. Some other companies are on our watchlist to, among these are ING Group NV NYSE:ING Burlington Stores Inc NYSE:BURL pdvWireless NASDAQ:PDVW and Anterix Inc. NASDAQ:ATEX which all got a breakout pattern emerging.
| Date | Company | Price | Week 20 |
|---|---|---|---|
| Bankwell Financial Group | $29.16 | $29.04 | -0.412% |
| Ing Group Nv | $13.27 | $13.33 | 0.452% |
| Burlington Stores Inc | $331.01 | $333.76 | 0.83% |
| Pdvwireless | $48.39 | $47.96 | -0.89% |
| Anterix Inc. | $48.39 | $47.96 | -0.89% |
The Bankwell Financial Group stock price gained 1.67% on the last trading day (Friday, 7th May 2021), rising from $28.68 to $29.16. During the last trading day the stock fluctuated 3.85% from a day low at $28.31 to a day high of $29.40. The price has risen in 6 of the last 10 days and is up by 5.35% 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, 38 thousand more shares were traded than the day before. In total, 71 thousand shares were bought and sold for approximately $2.06 million.
Bankwell Financial Group 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 Bankwell Financial Group:
Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans secured by savings or certificate accounts and automobiles; and unsecured personal loans and overdraft lines of credit. It operates branches in New Canaan, Stamford, Fairfield, Wilton, Westport, Darien, Norwalk, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.
The ING Group NV stock price gained 1.30% on the last trading day (Friday, 7th May 2021), rising from $13.10 to $13.27. 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 2.75% from a day low at $12.93 to a day high of $13.28. The price has risen in 8 of the last 10 days and is up by 7.45% 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, 1 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $83.12 million.
On Apr 11, 2024, it was reported that Goldman Sachs gave ING a "Neutral" grade with a "downgrade" action.
ING Group NV 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 ING Group NV:
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans. It also provides debt capital market, working capital, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, equity market, finance, payments and cash management, and trade services and solutions, as well as savings, investment, insurance, mortgage, and digital banking services. The company serves customers, corporate clients, and financial institutions, including small and medium-sized, and mid-corporates. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
The Burlington Stores Inc stock price gained 1.96% on the last trading day (Friday, 7th May 2021), rising from $324.64 to $331.01. During the last trading day the stock fluctuated 2.41% from a day low at $323.84 to a day high of $331.65. The price has risen in 6 of the last 10 days and is up by 0.91% 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, 43 thousand more shares were traded than the day before. In total, 298 thousand shares were bought and sold for approximately $98.78 million.
On Mar 08, 2024, it was reported that Telsey Advisory gave BURL a "Outperform" grade with a "hold" action.
Burlington Stores 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 Burlington Stores Inc:
Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products. As of January 29, 2022, it operated 837 stores under the Burlington Stores name, 2 stores under the Cohoes Fashions name, and 1 store under the MJM Designer Shoes name in 45 states and Puerto Rico. Burlington Stores, Inc. was founded in 1972 and is headquartered in Burlington, New Jersey.
The pdvWireless stock price gained 1.75% on the last trading day (Friday, 7th May 2021), rising from $47.56 to $48.39. During the last trading day the stock fluctuated 5.21% from a day low at $47.18 to a day high of $49.64. The price has risen in 5 of the last 10 days and is up by 4.54% 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, 76 thousand more shares were traded than the day before. In total, 124 thousand shares were bought and sold for approximately $5.98 million.
pdvWireless 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 pdvWireless:
pdvWireless, Inc. operates as a private wireless communications carrier, and provider of mobile workforce communication and location based solutions in the United States. Its solutions focuses on enhancing the productivity of its customers field-based workers, and the efficiency of their dispatch and call center operations. The company is deploying and operating dedicated, wide-area, two-way radio networks that offer private push-to-talk (PTT) communications services to primarily dispatch-centric, small and medium-sized businesses in construction, distribution, transportation, field services, waste management, and hospitality industries. It offers DispatchPlus service, which combines pdvConnect, a proprietary suite of mobile communication and workforce management applications with digital network architecture and mobile devices supplied by Motorola Solutions, Inc. The companys solution enables communication and response among field workers and streamlined dispatch operations through exchange of information by prioritizing messages from the field, which can reduce or eliminate wasteful on hold time. In addition, its pdvConnect allows business customers to document field incidents and activities, and to collect operational data and location based information to enhance their operations. The company primarily markets its DispatchPlus service indirectly through Motorolas dealer network and other third-party dealers, with sales, marketing, and advertising support from its internal sales and marketing team. The company was formerly known as Pacific DataVision, Inc. and changed its name to pdvWireless, Inc. in November 2015. pdvWireless, Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.
The Anterix Inc. stock price gained 1.75% on the last trading day (Friday, 7th May 2021), rising from $47.56 to $48.39. During the last trading day the stock fluctuated 5.21% from a day low at $47.18 to a day high of $49.64. The price has risen in 6 of the last 10 days and is up by 4.54% 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, 76 thousand more shares were traded than the day before. In total, 125 thousand shares were bought and sold for approximately $5.98 million.
Anterix 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 Anterix Inc.:
Anterix Inc. operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.
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.
