STI Stock Trade Intelligence

ASX stocks breaking out

These stocks are trading at or near their highest level in 20 sessions on real turnover. A breakout is a change of state rather than a prediction: the range that had been containing the price has given way.

18 ASX-listed stocks match today. All of them are listed below. Every stock shown traded at least $50,000 on the latest session; exchange-traded funds are excluded. Updated each trading day.

CodeCompany Market capChangeMQS Wyckoff phase Breakout
FPHFisher & Paykel Healthcare Corporation Ltd$22.09B+0.35%76UptrendStrong
MXOMOTIO LTD$19M0.00%57UptrendStrong
WRXWestern Ridge Resources Ltd$8M+8.11%54UptrendWeak
AMDARROW MINERALS LTD$68M+17.65%58UptrendStrong
IMAIMAGE RESOURCES NL$22M+17.65%42AccumulationWeak
MEIMETEORIC RESOURCES NL$727M+47.06%33UptrendWeak
SDFSteadfast Group Ltd$6.42B+0.35%73AccumulationStrong
C29C29 METALS LIMITED$6M+7.69%47AccumulationStrong
WRKWRKR LTD$158M-2.67%42DowntrendWeak
EMPEMPEROR ENERGY LIMITED$116M-4.17%48UptrendWeak
CHLCAMPLIFY HOLDINGS LIMITED$31M+2.74%52AccumulationStrong
OELOTTO ENERGY LIMITED$36M0.00%53DistributionWeak
CHWCHILWA MINERALS LTD$98M+10.56%41AccumulationWeak
BSABSA LIMITED$21M+5.56%36AccumulationWeak
ALCALCIDION GROUP LIMITED$142M-4.54%34UptrendStrong
PKPPeak Processing Ltd$21M0.00%32AccumulationWeak
BWNBHAGWAN MARINE LIMITED$125M0.00%34AccumulationStrong
BCABLACK CANYON LIMITED$59M-4.05%22AccumulationWeak

How to read this list

What the screen does and does not tell you.
  • Turnover matters more than the price move. A break on thin volume is the one most likely to fail, which is why everything here clears a turnover floor.
  • A breakout out of accumulation is the textbook sequence. One out of distribution is more often the last push.
  • The 52-week column tells you whether this is a genuine new high or a rally inside a longer downtrend.

The phase and momentum score are calculated by Stock Trade Intelligence from public price and volume data, independently of any broker or research house. How these are calculated.

Get the daily briefing The day's price-sensitive announcements, ranked by what actually moved, with our own momentum and cycle read on each.