Flotek(US:FTK) ZACKS·2025-10-28 20:05Core Insights - An active investing approach focuses on identifying breakout stocks within a defined price range, recommending to sell if the price falls below the lower band and to hold for gains if it exceeds the upper band [1] - Flotek Industries, NatWest Group, and Ermenegildo Zegna have been identified as today's breakout stocks, each showing strong expected earnings growth for the current year [8] Breakout Stock Identification - To identify breakout stocks, it is essential to calculate support and resistance levels, where support is the lower bound and resistance is the upper bound for stock movements [2] - Demand for a stock is lowest at its support level, while traders are more inclined to buy at the resistance level, indicating potential breakout candidates [3] Genuine Breakout Criteria - A genuine breakout occurs when the previous resistance level becomes the new support level, which can be confirmed through long-term price trend analysis [5] - The strength of support and resistance levels is determined by observing price trends over time, which is crucial for identifying breakout stocks [5] Screening Criteria - The screening criteria for breakout stocks include a percentage price change over four weeks between 10% and 20%, a current price close to 52-week highs, and a Zacks Rank of 2 or better [6][7] - Stocks must have a beta of 2 or less and a current price of $20 or less to be considered, narrowing the selection to a manageable number of candidates [7] Company Profiles - Flotek Industries: A technology-driven green chemistry and data company with an expected earnings growth rate of 94.1% for the current year and a Zacks Rank of 2 [9] - NatWest Group: Provides banking and financial services with an expected earnings growth rate of 30.1% for the current year, also holding a Zacks Rank of 2 [10] - Ermenegildo Zegna: Designs and markets luxury clothing with an expected earnings growth rate of 37.5% for the current year, maintaining a Zacks Rank of 2 [11]