Why ATOUR LIFESTYLE HOLDINGS-ADR (NASDAQ:ATAT) qualifies as a high growth stock.

Our stockscreener has identified a possible breakout setup on ATOUR LIFESTYLE HOLDINGS-ADR (NASDAQ:ATAT). This occurs when the stock consolidates following a significant upward movement. While the breakout outcome cannot be guaranteed, it may be worth monitoring NASDAQ:ATAT for potential opportunities.

Deciphering the Technical Picture of NASDAQ:ATAT

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, ATAT scores 8 out of 10 in our technical rating. 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.

• Both the short term and long term trends are positive. This is a very positive sign.
• ATAT is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry. ATAT outperforms 87% 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.
• Looking at the yearly performance, ATAT did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
• In the last month ATAT has a been trading in the 25.68 - 28.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of ATAT for a complete technical analysis.

Looking at the Setup

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NASDAQ:ATAT currently has a 8 as setup rating:

Besides having an excellent technical rating, ATAT also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.03, a Stop Loss order could be placed below this zone.

What matters for high growth investors.

• The recent financial report of ATOUR LIFESTYLE HOLDINGS-ADR demonstrates a 31.11% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• 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.
• The 1-year revenue growth of ATOUR LIFESTYLE HOLDINGS-ADR (106.0%) 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 expand its market share.
• Over the past 3 months, analysts have adjusted their EPS Estimate for ATOUR LIFESTYLE HOLDINGS-ADR with a 8.96% change. This highlights the evolving outlook on the company's EPS potential.
• 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
• The operating margin of ATOUR LIFESTYLE HOLDINGS-ADR has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• ATOUR LIFESTYLE HOLDINGS-ADR has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• In terms of Return on Equity(ROE), ATOUR LIFESTYLE HOLDINGS-ADR is performing well, achieving a 39.04% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• With a current Debt-to-Equity ratio at 0.03, ATOUR LIFESTYLE HOLDINGS-ADR showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With institutional shareholders at 1.32%, ATOUR LIFESTYLE HOLDINGS-ADR demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.
• 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 been consistently solid, with a current 91.9 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. ATOUR LIFESTYLE HOLDINGS-ADR exhibits strong prospects for further price appreciation.

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

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.