Four US stocks on the verge of a breakout

By Kristoff De Turck

Last update: Mar 1, 2023

'READY TO BREAKOUT' ABOVE 10-DAY HIGH WHILE SHOWING HIGHER VOLUME

OTIS WORLDWIDE CORP | NYSE:OTIS

GICS Sector: Industrials
GICS Industry: Machinery

Next Earnings | 2023-04-24 (after market close)

OLD REPUBLIC INTL CORP | NYSE:ORI

GICS Sector: Financials
GICS Industry: Insurance

Next Earnings | 2023-04-26 (after market close)

AXON ENTERPRISE INC | NYSE:AXON

GICS Sector: Industrials
GICS Industry: Aerospace & Defense

Next Earnings | 2023-05-02 (after market close)

PERRIGO CO PLC | NYSE:PRGO

GICS Sector: Health Care
GICS Industry: Pharmaceuticals

Next Earnings | N/A

Full stock screening list on 2023/03/01 (before market open)

'Ready to breakout' consist of stocks manually selected from a ChartMill breakout screening filter. The retained stocks show notably higher volume than the previous day (at least +50%) and price is captured in a rather sideways trading range where the most recent closing price is very close to a relevant breakout level.

DISCLAIMER | This is by no means actual trading advice to trade or invest in this stock. This is merely a trading idea to show you some typical screening results from the ChartMill stock screening software. The author has no pre-existing position in any of these stocks.