ASX Breakout Stocks Today — Thu 07 May 2026

2 min read Daily Analysis

Breakout stocks are shares that move above key resistance levels on above-average volume — a pattern that often precedes sustained price moves. We scan for breakouts above 20-day resistance and unusual volume spikes (2x+ the 20-day average).

Today, 728 ASX small caps triggered breakout or volume alerts. Top sectors: Basic Materials (320), Financial Services (73), Healthcare (69), Industrials (59), Technology (56).

Breakout & Volume Alerts — Thu 07 May 2026

Ticker Vol Ratio Daily Chg Sector
AFL500.0x-3.1%Consumer Cyclical
IME500.0x-1.3%Healthcare
ACU500.0x+0.0%Real Estate
RLG500.0x+0.0%Technology
PFT500.0x-3.8%Consumer Defensive
FOS500.0x+12.0%Industrials
ADS500.0x+0.0%Technology
ICE500.0x+0.0%Technology
AHN289.6x+0.0%Basic Materials
KAM169.9x+0.0%Financial Services
CMG162.5x+0.0%Basic Materials
HLX150.7x+0.0%Basic Materials
MGA118.7x+0.0%Basic Materials
CML70.8x+0.0%Basic Materials
WWG60.8x-1.8%Industrials
GTI45.3x-6.0%Technology
MDX38.9x+0.0%Basic Materials
HHR37.4x+3.7%Energy
AVD35.9x+0.0%Industrials
RZI35.4x+0.0%Technology

Reading Volume Breakouts

A breakout on high volume (3x+ average) is generally considered more reliable than one on average volume. Look for breakouts that coincide with catalyst events (earnings, announcements, director buying) for noteworthy setups.

Explore the full breakdown on the SmallCapData dashboard.

GENERAL INFORMATION ONLY — This article is produced by an algorithm and does not constitute personal financial advice, a recommendation, or an offer to buy or sell any security. SmallCapData does not hold an Australian Financial Services Licence (AFSL). You should consider seeking independent financial advice before making any investment decision. Past performance is not indicative of future results.
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