ACI WORLDWIDE INC (NASDAQ:ACIW) was identified as a Technical Breakout Setup Pattern by our stockscreener. Such a pattern occurs when we see a pause in a strong uptrend: after a strong rise the stock is consolidating a bit and at some point the trend may be continued. Whether this actually happens can not be predicted of course, but it may be a good idea to keep and eye on NASDAQ:ACIW.

Technical Analysis Observations
At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.
Overall ACIW gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ACIW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ACIW did better than 93% of all other stocks. On top of that, ACIW also shows a nice and consistent pattern of rising prices.
- ACIW is part of the Software industry. There are 283 other stocks in this industry. ACIW outperforms 87% of them.
- ACIW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACIW is performing more or less in line with the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month ACIW has a been trading in the 49.68 - 58.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Our latest full technical report of ACIW contains the most current technical analsysis.
Why is NASDAQ:ACIW a setup?
Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NASDAQ:ACIW is 7:
Besides having an excellent technical rating, ACIW also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 53.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
What matters for high growth investors.
- The quarterly earnings of ACI WORLDWIDE INC have shown a -3.57% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
- With positive growth in its operating margin over the past year, ACI WORLDWIDE INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
- ACI WORLDWIDE INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
- ACI WORLDWIDE INC showcases a robust Return on Equity (ROE) of 14.26%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
- With a current Debt-to-Equity ratio at 0.62, ACI WORLDWIDE INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
- ACI WORLDWIDE INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
- The Relative Strength (RS) of ACI WORLDWIDE INC has consistently been strong, with a current 93.62 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. ACI WORLDWIDE INC demonstrates promising potential for sustained price momentum.
More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.
Disclaimer
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.