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

Our stock screener has identified ATOUR LIFESTYLE HOLDINGS-ADR (NASDAQ:ATAT) 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:ATAT.

Analyzing the Technical Aspects

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.

We assign a technical rating of 10 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!
• Looking at the yearly performance, ATAT did better than 95% 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 part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. ATAT outperforms 92% of them.
• ATAT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ATAT slightly outperforms the market at the moment.
• In the last month ATAT has a been trading in the 26.36 - 33.31 range, which is quite wide. It is currently trading near the high of this range.
• Prices have been consolidating recently, this may present a good entry opportunity.

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

How does the Setup look for NASDAQ:ATAT

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

Besides having an excellent technical rating, ATAT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 30.58, a Stop Loss order could be placed below this zone.

Why NASDAQ:ATAT may be interesting for high growth investors.

• The earnings per share (EPS) of ATOUR LIFESTYLE HOLDINGS-ADR have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 41.69% increase. This reflects the company's ability to improve its profitability over time.
• The quarter-to-quarter (Q2Q) revenue growth of 46.71% 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 76.11%, 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 quarterly earnings of ATOUR LIFESTYLE HOLDINGS-ADR have shown a 41.69% 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 experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• 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.
• ATOUR LIFESTYLE HOLDINGS-ADR has a healthy Return on Equity(ROE) of 44.79%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• With a Debt-to-Equity ratio at 0.04, 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.
• The ownership composition of ATOUR LIFESTYLE HOLDINGS-ADR reflects a balanced investor ecosystem, with institutional shareholders owning 61.9%. This indicates a broader market participation and potential for increased trading liquidity.
• With a track record of beating EPS estimates in the last 4 quarters, ATOUR LIFESTYLE HOLDINGS-ADR showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• ATOUR LIFESTYLE HOLDINGS-ADR has achieved an impressive Relative Strength (RS) rating of 95.23, showcasing its ability to outperform the broader market. This strong performance positions ATOUR LIFESTYLE HOLDINGS-ADR as an attractive stock for potential price appreciation.

More ideas for high growth momentum breakouts can be found on ChartMill in our High Growth Momentum Breakout screen.

Keep in mind

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.