Breakout Stocks of Week 45
NASDAQ was up last week (week 44) by 3.05% ending at 15,971.59 points after gaining 473.20 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 Brasilagro Cia Brasileira De Propriedades Agricolas XLON:LND. This stock has had a buy signal since Nov 02, 2021 when the price was £24.00 and is so far up 16.67% to £28.00. Some other companies are on our watchlist to, among these are EOG Resources Inc NYSE:EOG Vermilion Energy Inc NYSE:VET Wisetech Global Limited ASX:WTC and Seeing Machines Limited XLON:SEE which all got a breakout pattern emerging.
Date | Company | Price | Week 45 |
---|---|---|---|
Brasilagro Cia Brasileira De Propriedades Agricola... | £28.00 | £25.25 | -9.82% |
Eog Resources Inc | $95.12 | $94.84 | -0.294% |
Vermilion Energy Inc | $11.45 | $10.16 | -11.27% |
Wisetech Global Limited | $54.77 | $54.69 | -0.146% |
Seeing Machines Limited | £10.80 | £11.00 | 1.85% |
Brasilagro Cia Brasileira De Propriedades Agricolas
XLON:LNDThe Brasilagro Cia Brasileira De stock price gained 5.14% on the last trading day (Friday, 5th Nov 2021), rising from £26.63 to £28.00. It has now gained 5 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 6.70% from a day low at £26.70 to a day high of £28.49. The price has risen in 6 of the last 10 days and is up by 24.44% over the past 2 weeks. Volume fell on the last day by -714 thousand shares and in total, 903 thousand shares were bought and sold for approximately £25.29 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.
Brasilagro Cia Brasileira De 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 Brasilagro Cia Brasileira De Propriedades Agricolas:
Landore Resources Limited, through its subsidiary, Landore Resources Canada Inc., acquires, explores for, and develops precious and base metal projects in Eastern Canada. It explores for nickel, copper, iron, cobalt, platinum, palladium, gold, and lithium deposits. The company holds 100% interest in Junior Lake property, which include 6 leases and 1,318 staked mining claims that cover an area of approximately 33,029 hectares located in the province of Ontario, Canada; Miminiska Lake property comprises 28 patented and 23 staked claims in southern block, and 570 staked claims in the northern block covering an area of approximately 5,494 hectares. It also owns interests in Frond Lake property comprising 24 patented claims; Wottam property, which include 255 claims; and Lessard property consisting of 109 mining claims covering an area of approximately 2,168 hectares, as well as Swole Lake and West Graham properties. The company was incorporated in 2005 and is based in Saint Sampson, Guernsey.
The EOG Resources stock price gained 4.64% on the last trading day (Friday, 5th Nov 2021), rising from $90.90 to $95.12. During the last trading day the stock fluctuated 3.56% from a day low at $92.88 to a day high of $96.19. The price has been going up and down for this period, and there has been a 3.39% 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, 2 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $680.84 million.
On Apr 17, 2024, it was reported that Wells Fargo gave EOG a "Equal-Weight" grade with a "hold" action.
EOG Resources 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 EOG Resources Inc:
EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. As of December 31, 2021, it had total estimated net proved reserves of 3,747 million barrels of oil equivalent, including 1,548 million barrels (MMBbl) of crude oil and condensate reserves; 829 MMBbl of natural gas liquid reserves; and 8,222 billion cubic feet of natural gas reserves. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
The Vermilion Energy stock price gained 4.57% on the last trading day (Friday, 5th Nov 2021), rising from $10.95 to $11.45. During the last trading day the stock fluctuated 6.53% from a day low at $10.88 to a day high of $11.59. The price has been going up and down for this period, and there has been a 4.38% 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, 752 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $27.14 million.
On Apr 09, 2024, it was reported that RBC Capital gave VET a "Sector Perform" grade with a "hold" action.
Vermilion Energy 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 Vermilion Energy Inc:
Vermilion Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land in Canada; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia. It also owns 20% interests in the offshore Corrib natural gas field located to the northwest coast of Ireland; and 100% working interest in the Wandoo offshore oil field and related production facilities that covers 59,553 acres located on Western Australia's northwest shelf. As of December 31, 2021, the company had 401 net producing conventional natural gas wells and 2,132 net producing light and medium crude oil wells in Canada; 167.6 net producing light and medium crude oil wells in the United States; 297.0 net producing light and medium crude oil wells and 3 net producing conventional natural gas wells in France; and 47 net producing natural gas wells in the Netherlands. Vermilion Energy Inc. was founded in 1994 and is headquartered in Calgary, Canada.
The Wisetech Global Limited stock price gained 0.81% on the last trading day (Friday, 5th Nov 2021), rising from $54.33 to $54.77. During the last trading day the stock fluctuated 3.51% from a day low at $54.18 to a day high of $56.08. The price has been going up and down for this period, and there has been a 1.86% 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, 227 thousand more shares were traded than the day before. In total, 641 thousand shares were bought and sold for approximately $35.08 million.
Wisetech Global 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 Wisetech Global Limited:
WiseTech Global Limited provides software solutions to the logistics industry in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company develops, sells, and implements software solutions that enable logistics service providers to facilitate the movement and storage of goods and information. It also offers CargoWise, a software platform for logistics service providers that enables execution of complex logistics transactions and manage operations. In addition, the company provides customs declaration management and related international trade, customs compliance and warehouse, customs management, freight forwarding, warehousing, transport, customs clearance, tracking, trade compliance, container optimization, parcel, less than truckload and logistics transportation management, freight rate management, ocean freight rate management, container yard/terminal management, and messaging integration software solutions. WiseTech Global Limited was incorporated in 1994 and is based in Alexandria, Australia.
The Seeing Machines Limited stock price gained 3.25% on the last trading day (Friday, 5th Nov 2021), rising from £10.46 to £10.80. During the last trading day the stock fluctuated 3.90% from a day low at £10.59 to a day high of £11.00. The price has risen in 7 of the last 10 days and is up by 9.09% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately £16.74 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.
Seeing Machines 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 Seeing Machines Limited:
Seeing Machines Limited, together with its subsidiaries, provides driver monitoring technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It operates through two segments: Original Equipment Manufacturer (OEM) and Aftermarket. The company offers operator monitoring and intervention sensing technologies and services for the automotive, mining, transport, and aviation industries. It develops, sells, and licenses products, services, and technology to detect and manage driver fatigue and distraction, as well as provides software, after-sales monitoring, and consulting services. The company was incorporated in 2000 and is headquartered in Fyshwick, Australia.
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.