Breakout Stocks of Week 15
NASDAQ was up last week (week 14) by 0.651% ending at 14,261.50 points after gaining 92.20 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 Diversified Energy Company PLC XLON:DEC. This stock has had a buy signal since Mar 22, 2022 when the price was £2,336.00 and is so far up 2.65% to £2,398.00. Some other companies are on our watchlist to, among these are Menzies (John) plc XLON:MNZS Buakaew Income Fund SET:BKD Japan Physical Platinum ETF TYO:1541 and KODEX USD Futures KSE:261240 which all got a breakout pattern emerging.
| Date | Company | Price | Week 15 |
|---|---|---|---|
| Diversified Energy Company Plc | £2,398.00 | £2,388.00 | -0.417% |
| Menzies (john) Plc | £600.00 | £599.00 | -0.167% |
| Buakaew Income Fund | ฿2.54 | ฿2.60 | 2.36% |
| Japan Physical Platinum Etf | JP¥3,695.00 | JP¥3,615.00 | -2.17% |
| Kodex Usd Futures | ₩10,745.00 | ₩10,820.00 | 0.698% |
The Diversified Energy Company PLC stock price gained 1.10% on the last trading day (Friday, 1st Apr 2022), rising from £2,372.00 to £2,398.00. 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 2.36% from a day low at £2,358.40 to a day high of £2,414.00. The price has risen in 7 of the last 10 days and is up by 7.05% 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, 2 thousand more shares were traded than the day before. In total, 88 thousand shares were bought and sold for approximately £212.00 million.
Diversified Energy Company 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.
The Menzies (John) plc stock price gained 0.334% on the last trading day (Friday, 1st Apr 2022), rising from £598.00 to £600.00. It has now gained 4 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 1.51% from a day low at £595.00 to a day high of £604.00. The price has risen in 8 of the last 10 days and is up by 9.89% over the past 2 weeks. Volume fell on the last day by -5 million shares and in total, 1 million shares were bought and sold for approximately £782.68 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.
Menzies (John) 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 Menzies (John) plc:
John Menzies plc provides aviation services in the United Kingdom, the United States, Australia, and internationally. It offers cargo handling; into-plane fueling services and fuel farm management to airlines, airports, oil companies, and other partners; and ground services, including passenger check-in, customer relations, VIP meet and greet, executive lounges, ramp handling, baggage sorting, loading and tracing, de-icing services, cabin cleaning and presentation, asset maintenance, and aircraft washing services, as well as cargo forwarding services. The company was founded in 1833 and is based in Edinburgh, the United Kingdom.
The Buakaew Income Fund stock price gained 1.60% on the last trading day (Friday, 1st Apr 2022), rising from ฿2.50 to ฿2.54. During the last trading day the stock fluctuated 3.23% from a day low at ฿2.48 to a day high of ฿2.56. The price has risen in 5 of the last 10 days and is up by 1.6% 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, 930 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately ฿10.89 million.
Buakaew Income Fund 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.
The Japan Physical Platinum ETF stock price gained 1.93% on the last trading day (Friday, 1st Apr 2022), rising from JP¥3,625.00 to JP¥3,695.00. During the last trading day the stock fluctuated 2.77% from a day low at JP¥3,615.00 to a day high of JP¥3,715.00. The price has risen in 5 of the last 10 days and is up by 1.93% over the past 2 weeks. Volume fell on the last day by -889 shares and in total, 40 thousand shares were bought and sold for approximately JP¥149.43 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.
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 Japan Physical Platinum ETF stock to perform well in the short-term.
About Japan Physical Platinum ETF:
Kyokuyo Co., Ltd. purchases, sells, imports, and exports marine products in Japan and internationally. The company operates through Marine Products Purchasing, Frozen Foods, Shelf-Stable Foods, Logistics, and Tuna segments. It provides fillets, and shelled crab and peeled shrimps. The company also offers sushi toppings to restaurant chains; Dandori Jozu products for industrial use as meals; fried marine products, imitation crab meat, livestock products, and frozen vegetables to restaurant channels and deli departments; and frozen foods for home use. In addition, it produces canned seafood, such as mackerel, skipjack, salmon, and sardine; and products under the Sea Marché brand, as well as sells dried squid, squid jerky, other seafood delicacies, and health food products comprising glucosamine and DHA supplements. Further, the company is involved in the operation of cold storage business; and fishing, farming, purchasing, processing, and marketing skipjack, bluefin tuna, and other tuna. Kyokuyo Co., Ltd. was founded in 1937 and is headquartered in Tokyo, Japan.
The KODEX USD Futures stock price gained 0.233% on the last trading day (Friday, 1st Apr 2022), rising from ₩10,720.00 to ₩10,745.00. During the last trading day the stock fluctuated 0.326% from a day low at ₩10,735.00 to a day high of ₩10,770.00. The price has risen in 7 of the last 10 days and is up by 0.33% over the past 2 weeks. Volume fell on the last day by -52 thousand shares and in total, 47 thousand shares were bought and sold for approximately ₩502.75 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.
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 KODEX USD Futures stock to perform well in the short-term.
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.
