Why the high growth investor may take a look at ATOUR LIFESTYLE HOLDINGS-ADR (NASDAQ:ATAT).

Our stock screener has flagged ATOUR LIFESTYLE HOLDINGS-ADR (NASDAQ:ATAT) as a potential breakout candidate. This occurs when the stock shows signs of consolidation after a notable upward trend. While we can't predict the actual breakout, it's worth monitoring NASDAQ:ATAT for potential movement.

Zooming in on the technicals.

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 9 out of 10 to ATAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATAT is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• ATAT is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. ATAT outperforms 91% of them.
• ATAT 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 ATAT is lagging the market slightly.
• ATAT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
• Looking at the yearly performance, ATAT did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

Our latest full technical report of ATAT contains the most current technical analsysis.

Why is NASDAQ:ATAT a setup?

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:ATAT this score is currently 7:

Besides having an excellent technical rating, ATAT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 27.70, a Stop Loss order could be placed below this zone.

Some of the high growth metrics of NASDAQ:ATAT highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), ATOUR LIFESTYLE HOLDINGS-ADR highlights its ability to generate increasing profitability, showcasing a 31.11% growth.
• The quarter-to-quarter (Q2Q) revenue growth of 64.46% of ATOUR LIFESTYLE HOLDINGS-ADR has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• With impressive 1-year revenue growth of 106.0%, ATOUR LIFESTYLE HOLDINGS-ADR showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• The average next Quarter EPS Estimate by analysts was adjusted by 6.96%, reflecting the evolving market expectations for the company's EPS growth.
• The quarterly earnings of ATOUR LIFESTYLE HOLDINGS-ADR have shown a 31.11% 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
• ATOUR LIFESTYLE HOLDINGS-ADR has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• With positive growth in its free cash flow (FCF) over the past year, ATOUR LIFESTYLE HOLDINGS-ADR showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• With a favorable Return on Equity (ROE) of 39.04%, ATOUR LIFESTYLE HOLDINGS-ADR demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• With a Debt-to-Equity ratio at 0.03, ATOUR LIFESTYLE HOLDINGS-ADR showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• ATOUR LIFESTYLE HOLDINGS-ADR demonstrates a balanced ownership structure, with institutional shareholders at 34.75%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.
• ATOUR LIFESTYLE HOLDINGS-ADR 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.
• The Relative Strength (RS) of ATOUR LIFESTYLE HOLDINGS-ADR has consistently been strong, with a current 94.06 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. ATOUR LIFESTYLE HOLDINGS-ADR demonstrates promising potential for sustained price momentum.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Keep in mind

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.