Is NASDAQ:GGAL suited for high growth investing?

GRUPO FINANCIERO GALICIA-ADR (NASDAQ:GGAL) has been identified as a Technical Breakout Setup Pattern by our stock screener. This pattern typically occurs when a stock takes a pause after a significant rise, indicating the possibility of a continuation in the trend. While it's impossible to predict with certainty, it might be beneficial to monitor NASDAQ:GGAL.

In-Depth Technical Analysis of NASDAQ:GGAL

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

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, GGAL did better than 98% of all other stocks. We also observe that the gains produced by GGAL over the past year are nicely spread over this period.
• GGAL is one of the better performing stocks in the Banks industry, it outperforms 99% of 405 stocks in the same industry.
• GGAL 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 GGAL has a been trading in the 50.21 - 59.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

For an up to date full technical analysis you can check the technical report of GGAL

Why is NASDAQ:GGAL a setup?

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:GGAL has a 8 as its setup rating, indicating its current consolidation status.

GGAL has an excellent technical rating and 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 55.47, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

What matters for high growth investors.

• The earnings per share (EPS) of GRUPO FINANCIERO GALICIA-ADR have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 211.0% increase. This reflects the company's ability to improve its profitability over time.
• GRUPO FINANCIERO GALICIA-ADR has experienced 121.0% q2q revenue growth, indicating a significant sales increase.
• GRUPO FINANCIERO GALICIA-ADR has achieved 111.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• GRUPO FINANCIERO GALICIA-ADR has achieved significant 1-year revenue growth of 388.0%, 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.
• GRUPO FINANCIERO GALICIA-ADR has seen a 11.13% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• In the most recent financial report, GRUPO FINANCIERO GALICIA-ADR reported a 211.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• In terms of Return on Equity(ROE), GRUPO FINANCIERO GALICIA-ADR is performing well, achieving a 32.42% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• GRUPO FINANCIERO GALICIA-ADR maintains a healthy Debt-to-Equity ratio of 0.74. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• GRUPO FINANCIERO GALICIA-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 16.16%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.
• GRUPO FINANCIERO GALICIA-ADR has a strong history of beating EPS estimates 3 times 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.
• GRUPO FINANCIERO GALICIA-ADR has achieved an impressive Relative Strength (RS) rating of 98.0, showcasing its ability to outperform the broader market. This strong performance positions GRUPO FINANCIERO GALICIA-ADR as an attractive stock for potential price appreciation.

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

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.