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Breakout Stocks of Week 38

NASDAQ was down last week (week 37) by -1.61% ending at 15 115.49 points after falling -248.03 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 Daré Bioscience, Inc. NASDAQ:DARE. This stock has had a buy signal since August 23, 2021 when the price was $1.62 and is so far up 1.85% to $1.65. Some other companies are on our watchlist to, among these are Verve Therapeutics, Inc. NASDAQ:VERV First Trust TCW Opportunistic Fixed Income ETF NASDAQ:FIXD Winmark Corporation NASDAQ:WINA and Nuveen AMT-Free Municipal Value Fund NYSE:NUV which all got a breakout pattern emerging.

Date Company Price Change
September 10, 2021 Daré Bioscience, Inc. $1.65 $1.69 ( 16th Sep 2021 ) 2.42%
September 10, 2021 Verve Therapeutics, Inc. $73.99 $69.87 ( 16th Sep 2021 ) -5.57%
September 10, 2021 First Trust Tcw Opportunistic Fixed Income Etf $54.05 $54.10 ( 16th Sep 2021 ) 0.0925%
September 10, 2021 Winmark Corporation $204.35 $204.31 ( 16th Sep 2021 ) -0.0196%
September 10, 2021 Nuveen Amt-free Municipal Value Fund $11.40 $11.57 ( 16th Sep 2021 ) 1.49%

Daré Bioscience, Inc.

NASDAQ:DARE Buy Candidate Score: 4.66
Buy Candidate Score: 4.66 September 10, 2021

Daré Bioscience, Inc.The Daré Bioscience, Inc. stock price fell by -3.51% on the last day (Friday, 10th Sep 2021) from $1.71 to $1.65. During the day the stock fluctuated 4.24% from a day low at $1.65 to a day high of $1.72. The price has been going up and down for this period, and there has been a -4.62% loss for the last 2 weeks. Volume has increased on the last day by 704 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, 2 million shares were bought and sold for approximately $3.51 million.

Roth Capital is very positive about DARE and gave it a "Buy" rating on June 30, 2021. The price target was changed from $9.00 to $11.00.

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 Daré Bioscience, Inc. stock to perform well in the short-term.

Verve Therapeutics, Inc.

NASDAQ:VERV Buy Candidate Score: 4.08
Buy Candidate Score: 4.08 September 10, 2021

The Verve Therapeutics, Inc. stock price gained 1.00% on the last trading day (Friday, 10th Sep 2021), rising from $73.26 to $73.99. , and 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 day the stock fluctuated 3.03% from a day low at $73.33 to a day high of $75.55. The price has risen in 6 of the last 10 days and is up by 12.43% over the past 2 weeks. Volume fell on the last day by -77 thousand shares and in total, 295 thousand shares were bought and sold for approximately $21.86 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.

On September 02, 2021 "William Blair" gave "" rating for VERV. The price target was set to $70.70+1.1%.

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 Verve Therapeutics, Inc. stock to perform well in the short-term.

First Trust TCW Opportunistic Fixed Income ETF

NASDAQ:FIXD Buy Candidate Score: 3.58
Buy Candidate Score: 3.58 September 10, 2021

The First Trust TCW Opportunistic Fixed ETF price fell by -0.13% on the last day (Friday, 10th Sep 2021) from $54.12 to $54.05. During the day the ETF fluctuated 0.33% from a day low at $54.01 to a day high of $54.19. The price has risen in 6 of the last 10 days and is up by 0.33% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -73 thousand shares and in total, 308 thousand shares were bought and sold for approximately $16.62 million.

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for First Trust TCW Opportunistic Fixed ETF to perform well in the short-term period.

Winmark Corporation

NASDAQ:WINA Buy Candidate Score: 2.49
Buy Candidate Score: 2.49 September 10, 2021

Winmark CorporationThe Winmark Corporation stock price gained 1.66% on the last trading day (Friday, 10th Sep 2021), rising from $201.01 to $204.35. During the day the stock fluctuated 3.00% from a day low at $202.00 to a day high of $208.06. The price has risen in 6 of the last 10 days and is up by 0.56% 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 thousand more shares were traded than the day before. In total, 10 thousand shares were bought and sold for approximately $2.07 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 Winmark Corporation stock to perform well in the short-term.

About Winmark Corporation:
Winmark Corporation operates as a franchisor of five retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. It franchises retail stores under the Plato’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names. The company’s Plato’s Closet brand stores buy and sell used clothing and accessories for the teenage and young adult market; and Once Upon A Child brand stores buy and sell used and new children’s clothing, toys, furniture, equipment, and accessories primarily targeting parents of children ages infant to 12 years. Its Play It Again Sports brand stores buy, sell, trade, and consign used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others; Music Go Round brand stores buy, sell, trade, and consign used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories; and Style Encore brand stores buy and sell used women’s apparel, shoes, and accessories. In addition, the company is also involved in middle-market equipment leasing business focusing on technology-based assets for large and medium-sized businesses; and small-ticket financing business. As of December 26, 2015, it had 1,150 franchised stores. Winmark Corporation was founded in 1988 and is headquartered in Minneapolis, Minnesota.

Nuveen AMT-Free Municipal Value Fund

NYSE:NUV Buy Candidate Score: 1.45
Buy Candidate Score: 1.45 September 10, 2021

The Nuveen AMT-Free Municipal Value Fund fund price gained 0.35% on the last trading day (Friday, 10th Sep 2021), rising from $11.36 to $11.40. , and 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 day the fund fluctuated 0.87% from a day low at $11.32 to a day high of $11.42. The price has fallen in 5 of the last 10 days and is down by -2.81% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 23 thousand more shares were traded than the day before. In total, 285 thousand shares were bought and sold for approximately $3.25 million.

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

About Nuveen AMT-Free Municipal Value Fund:
Nuveen Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments. It invests in undervalued municipal securities and other related investments the income, exempt from regular federal income taxes that are rated Baa or BBB or better. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s (S&P) National Municipal Bond Index. Nuveen Municipal Value Fund, Inc. was formed on April 8, 1987 and is domiciled in the United States.