Breakout Stocks of Week 26
NASDAQ was down last week (week 25) by -0.277% ending at 14,030.38 points after falling -39.04 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 IVD Medical Holding Ltd HKEX:1931. This stock has had a buy signal since Apr 23, 2021 when the price was HK$2.36 and is so far up 40.68% to HK$3.32. Some other companies are on our watchlist to, among these are COHEN & STEERS GLOBAL REALTY MAJORS ETF COHEN & STEERS GLOBAL REALTY MAJORS ETF XLON:GRI Schroder Real Estate Investment Trust Limited XLON:SREI Rouse Properties Inc XLON:RSE and GTT Communications Inc NYSE:GTT which all got a breakout pattern emerging.
| Date | Company | Price | Week 26 |
|---|---|---|---|
| Ivd Medical Holding Ltd | HK$3.32 | HK$3.29 | -0.90% |
| Cohen & Steers Global Realty Majors Etf Cohen & St... | £292.00 | £295.00 | 1.03% |
| Schroder Real Estate Investment Trust Limited | £48.00 | £49.20 | 2.50% |
| Rouse Properties Inc | £348.00 | £354.00 | 1.72% |
| Gtt Communications Inc | $2.20 | $3.09 | 40.45% |
The IVD Medical Holding Ltd stock price gained 0.606% on the last trading day (Friday, 18th Jun 2021), rising from HK$3.30 to HK$3.32. During the last trading day the stock fluctuated 1.82% from a day low at HK$3.30 to a day high of HK$3.36. The price has been going up and down for this period, and there has been a 0.61% 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, 298 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately HK$3.97 million.
IVD Medical Holding 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 IVD Medical Holding Ltd:
IVD Medical Holding Limited, an investment holding company, distributes In vitro diagnostic (IVD) products in Mainland China and internationally. The company operates through three segments: Distribution Business, Maintenance Services, and Self-branded Products Business. It offers IVD analysers, reagents, and other consumables for various IVD testing categories, including hematology and body fluid, immunoassay, clinical chemistry, molecular, microbiology, and point-of-care testing. The company also provides haemostasis products; solution services to the clinical laboratories of hospitals; and maintenance services, such as maintenance and repair, installation, and end customer training services. In addition, it researches, develops, manufactures, and sells IVD analyzers and reagents under the IVD brand. The company offers its products to hospitals and healthcare institutions, logistics providers, and distributors. IVD Medical Holding Limited was founded in 1993 and is headquartered in Shanghai, the People's Republic of China.
COHEN & STEERS GLOBAL REALTY MAJORS ETF COHEN & STEERS GLOBAL REALTY MAJORS ETF
XLON:GRI
The COHEN & STEERS GLOBAL REALTY MAJORS ETF stock price gained 0.344% on the last trading day (Friday, 18th Jun 2021), rising from £291.00 to £292.00. During the last trading day the stock fluctuated 1.24% from a day low at £290.20 to a day high of £293.80. The price has been going up and down for this period, and there has been a 0% change 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, 4 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately £1.46 billion.
COHEN & STEERS GLOBAL REALTY MAJORS ETF 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 COHEN & STEERS GLOBAL REALTY MAJORS ETF COHEN & STEERS GLOBAL REALTY MAJORS ETF:
Grainger plc, together with its subsidiaries, designs, owns, operates, manages, and rents residential properties in the United Kingdom. It also provides property and asset management services. The company was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
The Schroder Real Estate Investment Trust stock price fell by -0.415% on the last day (Friday, 18th Jun 2021) from £48.20 to £48.00. During the last trading day the stock fluctuated 3.75% from a day low at £48.00 to a day high of £49.80. The price has risen in 6 of the last 10 days and is up by 3.23% over the past 2 weeks. Volume has increased on the last day by 5 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, 6 million shares were bought and sold for approximately £279.09 million.
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 Schroder Real Estate Investment Trust stock to perform well in the short-term.
About Schroder Real Estate Investment Trust Limited:
Schroder Real Estate Investment Trust Limited (the Company' and together with its subsidiaries the Group') is a real estate investment company with a premium listing on the Official List of the UK Listing Authority and whose shares are traded on the Main Market of the London Stock Exchange (ticker: SREI). The Company is a Real Estate Investment Trust (REIT') and benefits from the various tax advantages offered by the UK REIT regime. The Company continues to be declared as an authorised closed-ended investment scheme by the Guernsey Financial Services Commission under section 8 of the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended and the Authorised Closed-ended Investment Schemes Rules 2008.
The Rouse Properties Inc stock price fell by -0.104% on the last day (Friday, 18th Jun 2021) from £348.36 to £348.00. During the last trading day the stock fluctuated 1.16% from a day low at £346.00 to a day high of £350.00. The price has been going up and down for this period, and there has been a 10.13% gain for the last 2 weeks. Volume has increased on the last day by 41 thousand 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, 101 thousand shares were bought and sold for approximately £35.24 million.
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 Rouse Properties Inc stock to perform well in the short-term.
About Rouse Properties Inc:
Riverstone Energy Limited specializes in buyout. It prefers to make investments in energy companies focusing decarbonisation, midstream exploration, production, power, renewable energy, storage, and transportation of oil and gas. The fund seeks to invest globally focusing in North America, Continental U.S., Western Canada, Gulf of Mexico and Europe. It prefers to take majority stake in its portfolio companies.
The GTT Communications Inc stock price fell by -7.56% on the last day (Friday, 18th Jun 2021) from $2.38 to $2.20. During the last trading day the stock fluctuated 9.37% from a day low at $2.15 to a day high of $2.35. The price has fallen in 8 of the last 10 days and is down by -26.17% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 million shares and in total, 2 million shares were bought and sold for approximately $5.45 million.
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 GTT Communications Inc stock to perform well in the short-term.
About GTT Communications Inc:
GTT Communications, Inc. provides cloud networking services to multinational enterprises, carriers, and government customers. It offers private, public, and hybrid cloud networking; high bandwidth Internet connectivity, IP transit, broadband, and wireless access services; managed equipment, security, and secure access services; and SIP trunking and enterprise PBX services. The companys IP network consists of over 250 points of presence. GTT Communications, Inc. markets its products and services through a direct sales force and independent sales channels. The company was formerly known as Global Telecom & Technology, Inc. and changed its name to GTT Communications, Inc. in January 2014. GTT Communications, Inc. was incorporated in 2005 and is headquartered in McLean, Virginia.
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.
