Should you consider ATOUR LIFESTYLE HOLDINGS-ADR (NASDAQ:ATAT) for high growth investing?

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.

In-Depth Technical Analysis of NASDAQ:ATAT

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Overall ATAT gets a technical rating of 10 out of 10. 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!
• Looking at the yearly performance, ATAT did better than 91% of all other stocks. We also observe that the gains produced by ATAT over the past year are nicely spread over this period.
• ATAT is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 86% of 133 stocks in the same industry.
• ATAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month ATAT has a been trading in the 24.49 - 29.90 range, which is quite wide. It is currently trading near the high of this range.

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

Looking at the Setup

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:ATAT has a 7 as its setup rating:

ATAT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ATAT in the last couple of days, which is a good sign.

Looking into the high growth metrics of ATOUR LIFESTYLE HOLDINGS-ADR

• The recent financial report of ATOUR LIFESTYLE HOLDINGS-ADR demonstrates a 41.69% 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
• ATOUR LIFESTYLE HOLDINGS-ADR has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 46.71%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• ATOUR LIFESTYLE HOLDINGS-ADR has achieved significant 1-year revenue growth of 76.11%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• Over the past 3 months, analysts have adjusted their EPS Estimate for ATOUR LIFESTYLE HOLDINGS-ADR with a 23.65% change. This highlights the evolving outlook on the company's EPS potential.
• The recent financial report of ATOUR LIFESTYLE HOLDINGS-ADR demonstrates a 41.69% 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
• With positive growth in its operating margin over the past year, ATOUR LIFESTYLE HOLDINGS-ADR 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.
• The free cash flow (FCF) of ATOUR LIFESTYLE HOLDINGS-ADR has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• With a favorable Return on Equity (ROE) of 44.79%, 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.
• Maintaining a Debt-to-Equity ratio of 0.04, ATOUR LIFESTYLE HOLDINGS-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With institutional shareholders at 43.4%, 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 a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• The Relative Strength (RS) of ATOUR LIFESTYLE HOLDINGS-ADR has consistently been strong, with a current 91.16 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 ideas for high growth momentum breakouts can be found on ChartMill in our High Growth Momentum Breakout screen.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.