ASX Breakout Stocks Today — Fri 08 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, 719 ASX small caps triggered breakout or volume alerts. Top sectors: Basic Materials (331), Healthcare (68), Financial Services (63), Technology (57), Industrials (55).

Breakout & Volume Alerts — Fri 08 May 2026

Ticker Vol Ratio Daily Chg Sector
PFT500.0x+0.0%Consumer Defensive
FOS500.0x+12.0%Industrials
ADS500.0x+0.0%Technology
ICE500.0x+0.0%Technology
MXO327.2x+2.1%Communication Services
VBS88.5x+0.0%Healthcare
AHN87.6x+0.0%Basic Materials
MGA84.7x+2.1%Basic Materials
CML80.4x-1.4%Basic Materials
IME72.6x-1.2%Healthcare
MDX50.1x+0.0%Basic Materials
AJX47.6x+0.0%Basic Materials
ADC38.0x-5.1%Basic Materials
AYM32.8x+0.0%Basic Materials
NTD30.8x+0.0%Consumer Cyclical
SOP30.6x-7.4%Industrials
IBC28.7x-1.1%Financial Services
CND27.4x+0.0%Energy
FSI25.9x+0.4%Financial Services
NOL22.0x-1.9%Financial Services

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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