Top Breakout Stocks with Key Resistance Levels Broken

 TechStockTracker
 
  TechStockTracker
 
Follow  Message
 
 
 
TechStockTracker decode the complex world of finance and investments, with a special emphasis on the dynamic intersection of technology and dividend growth stocks.
 

•  10 Mar 2025
 

Avangrid $AGR broke through resistance at $46.52 after previously being capped at $44.02. The surge in volume to 85.92 million shares, significantly above its average of 11.01 million, confirms strong buying interest. This kind of volume expansion often validates a breakout and suggests that momentum traders are stepping in.

CME Group ($CME) crossed above its $262.28 resistance level, overcoming its prior cap at $256.88. Volume nearly doubled, reaching 3.56 million shares compared to an average of 1.81 million. While the breakout looks strong, analysts remain divided on the stock’s long-term prospects due to concerns about return on invested capital and concentration risk.

ENGlobal ($ENG) cleared resistance at $13.19 after struggling to break above $12.74. The move was accompanied by a volume spike to 2.11 million shares, more than double its average. With such an increase in trading activity, this breakout has the potential to hold as traders seek follow-through momentum.

Ford ($F) pushed past its previous resistance of $9.82, reaching a new high of $9.96. Trading volume surged to 159.77 million shares, far exceeding its average of 96.51 million. This suggests strong institutional interest, which could provide further support for an extended move higher.

Paychex ($PAYX) also joined the breakout club, surpassing $154.52 after holding at $153.37 for a while. The stock saw a notable increase in volume, trading 3.13 million shares compared to its usual 1.77 million. Sustained momentum above this level could attract more buyers looking for confirmation of an uptrend.

PACCAR ($PCAR) climbed above $110.56, breaking past its previous resistance at $108.04. With trading volume nearly doubling to 4.86 million, compared to an average of 2.61 million, this breakout has the potential for further gains, especially if industrial stocks continue to attract investor interest.

Protagonist Therapeutics ($PTGX) saw an explosive move past $55.95 after previously topping out at $41.42. With volume soaring to 4.96 million shares—well above the 807.82K average—momentum is clearly in its favor. This kind of strength could indicate further upside if buyers remain in control.

Redfin ($RDFN) had a massive breakout to $9.77, shattering its old resistance at $8.99. The stock’s 92.05 million share volume is an eye-popping increase from its 6.78 million average, fueled by news of Rocket Companies’ $1.75 billion acquisition deal. M&A-driven breakouts often create extended moves, especially if investors view the deal favorably.

Regeneron Pharmaceuticals ($REGN) surged to $744.83, eyeing a further breakout toward its next resistance at $785.03. Previously, the stock faced resistance at $723.47, but its volume of 1.61 million shares—well above the 917.58K average—suggests that buyers are in control.

Science Applications International ($SAIC) jumped to $111.51 after previously struggling to break $110.57. The stock is now targeting a breakout above $121.96.

SBA Communications ($SBAC) edged past its $221.51 resistance level to close at $224.91, with volume picking up to 1.26 million shares against an average of 803K.

TG Therapeutics ($TGTX) also moved higher, breaking past $39.23 after facing resistance at $35.62.

Trevi Therapeutics ($TRVI) had a strong breakout to $6.07, smashing its previous resistance at $4.80. The move was supported by positive clinical trial results, which drove a significant volume surge to 56.83 million shares—far exceeding its 809.69K average.

Xeris Biopharma ($XERS) completed the list of breakout stocks, pushing past $4.59 after being held back at $4.13.