Evaluating NASDAQ:AMSC for high Growth Investment Opportunities.

Our stock screener has identified AMERICAN SUPERCONDUCTOR CORP (NASDAQ:AMSC) as a potential breakout candidate. This technical breakout setup pattern occurs when the stock consolidates after a strong uptrend. While the actual breakout is uncertain, it may be worth keeping an eye on NASDAQ:AMSC.

Insights from Technical Analysis

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, AMSC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMSC 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, AMSC did better than 98% of all other stocks. On top of that, AMSC also shows a nice and consistent pattern of rising prices.
• AMSC is one of the better performing stocks in the Electrical Equipment industry, it outperforms 97% of 91 stocks in the same industry.
• AMSC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMSC is lagging the market slightly.
• In the last month AMSC has a been trading in the 20.60 - 27.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

For an up to date full technical analysis you can check the technical report of AMSC

Looking at the Setup

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NASDAQ:AMSC scores a 8 out of 10:

Besides having an excellent technical rating, AMSC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for AMSC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

What matters for high growth investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), AMERICAN SUPERCONDUCTOR CORP highlights its ability to generate increasing profitability, showcasing a 200.0% growth.
• AMERICAN SUPERCONDUCTOR CORP has demonstrated strong q2q revenue growth of 33.17%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• With notable 1-year revenue growth of 37.09%, AMERICAN SUPERCONDUCTOR CORP exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• Analysts' average next Quarter EPS Estimate for AMERICAN SUPERCONDUCTOR CORP has witnessed a 1.0K% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• In the most recent financial report, AMERICAN SUPERCONDUCTOR CORP reported a 200.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of AMERICAN SUPERCONDUCTOR CORP are accelerating: the current Q2Q growth of 200.0% is above the previous year Q2Q growth of 68.0%. Earnings momentum and acceleration are key for high growth systems.
• With a favorable trend in its operating margin over the past year, AMERICAN SUPERCONDUCTOR CORP demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• AMERICAN SUPERCONDUCTOR CORP 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.
• Maintaining a Debt-to-Equity ratio of 0.0, AMERICAN SUPERCONDUCTOR CORP demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• AMERICAN SUPERCONDUCTOR CORP exhibits a favorable ownership structure, with an institutional shareholder ownership of 71.17%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.
• AMERICAN SUPERCONDUCTOR CORP has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• AMERICAN SUPERCONDUCTOR CORP has achieved an impressive Relative Strength (RS) rating of 98.77, showcasing its ability to outperform the broader market. This strong performance positions AMERICAN SUPERCONDUCTOR CORP as an attractive stock for potential price appreciation.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

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.