Why the high growth investor may take a look at NYSE:FOUR.

Our stock screener has flagged SHIFT4 PAYMENTS INC-CLASS A (NYSE:FOUR) 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 NYSE:FOUR for potential movement.

In-Depth Technical Analysis of NYSE:FOUR

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Taking everything into account, FOUR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FOUR has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, FOUR did better than 95% of all other stocks. We also observe that the gains produced by FOUR over the past year are nicely spread over this period.
• FOUR is part of the Financial Services industry. There are 101 other stocks in this industry. FOUR outperforms 95% of them.
• FOUR 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.
• FOUR 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.

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

How do we evaluate the setup for NYSE:FOUR?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:FOUR is 7:

Besides having an excellent technical rating, FOUR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 93.24, a Stop Loss order could be placed below this zone.

Looking into the high growth metrics of SHIFT4 PAYMENTS INC-CLASS A

• The earnings per share (EPS) of SHIFT4 PAYMENTS INC-CLASS A have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 29.73% increase. This reflects the company's ability to improve its profitability over time.
• The q2q revenue growth of 29.83% of SHIFT4 PAYMENTS INC-CLASS A highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• With impressive 1-year revenue growth of 28.48%, SHIFT4 PAYMENTS INC-CLASS A showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• The recent financial report of SHIFT4 PAYMENTS INC-CLASS A demonstrates a 29.73% 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 a favorable trend in its operating margin over the past year, SHIFT4 PAYMENTS INC-CLASS A demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• SHIFT4 PAYMENTS INC-CLASS A 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.
• In terms of Return on Equity(ROE), SHIFT4 PAYMENTS INC-CLASS A is performing well, achieving a 15.14% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• SHIFT4 PAYMENTS INC-CLASS A exhibits a favorable ownership structure, with an institutional shareholder ownership of 76.99%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.
• The Relative Strength (RS) of SHIFT4 PAYMENTS INC-CLASS A has been consistently solid, with a current 95.67 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. SHIFT4 PAYMENTS INC-CLASS A exhibits strong prospects for further price appreciation.

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

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.