ASX Breakout Stocks Today — Tue 12 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, 666 ASX small caps triggered breakout or volume alerts. Top sectors: Basic Materials (326), Healthcare (59), Technology (54), Financial Services (48), Industrials (47).

Breakout & Volume Alerts — Tue 12 May 2026

Ticker Vol Ratio Daily Chg Sector
PFT500.0x-8.0%Consumer Defensive
MFD500.0x+7.9%Consumer Cyclical
RIE500.0x-3.8%Basic Materials
AJX500.0x+16.7%Basic Materials
MNC500.0x+36.7%Consumer Cyclical
OLL500.0x+21.0%Technology
MRQ500.0x+0.0%Basic Materials
MXO476.8x+0.0%Communication Services
ADS356.0x+0.0%Technology
PRO160.6x-3.2%Technology
VBS88.0x+0.0%Healthcare
NOL58.9x-0.4%Financial Services
ZGL53.5x+5.0%Industrials
MCO53.4x+0.0%Consumer Cyclical
VAR44.7x+0.0%Basic Materials
AOF39.3x+0.0%Real Estate
ICE36.1x-2.5%Technology
IME35.6x-2.6%Healthcare
OMX28.2x+3.4%Basic Materials
CXZ27.9x+4.4%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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