Should you consider NYSE:JEF for high growth investing?

Our stock screener has flagged JEFFERIES FINANCIAL GROUP IN (NYSE:JEF) 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:JEF for potential movement.

In-Depth Technical Analysis of NYSE:JEF

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Taking everything into account, JEF scores 10 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, JEF is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that JEF is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by JEF over the past year are nicely spread over this period.
• JEF is part of the Capital Markets industry. There are 218 other stocks in this industry. JEF outperforms 97% of them.
• JEF 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.
• JEF 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.

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

How does the Setup look for NYSE:JEF

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, NYSE:JEF has a 7 as its setup rating:

Besides having an excellent technical rating, JEF 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 very little resistance above the current price. There is a support zone below the current price at 78.21, a Stop Loss order could be placed below this zone.

What matters for high growth investors.

• The quarterly earnings of JEFFERIES FINANCIAL GROUP IN have shown a 241.0% 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 q2q revenue growth of 42.42% of JEFFERIES FINANCIAL GROUP IN highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• The 1-year revenue growth of JEFFERIES FINANCIAL GROUP IN (67.34%) 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.
• In the most recent financial report, JEFFERIES FINANCIAL GROUP IN reported a 241.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of JEFFERIES FINANCIAL GROUP IN are accelerating: the current Q2Q growth of 241.0% is above the previous year Q2Q growth of -80.0%. Earnings momentum and acceleration are key for high growth systems.
• JEFFERIES FINANCIAL GROUP IN has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• JEFFERIES FINANCIAL GROUP IN demonstrates a balanced ownership structure, with institutional shareholders at 72.28%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.
• The Relative Strength (RS) of JEFFERIES FINANCIAL GROUP IN has been consistently solid, with a current 94.98 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. JEFFERIES FINANCIAL GROUP IN 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.

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.