Evaluating NYSE:MC for high Growth Investment Opportunities.

A possible breakout setup was detected on MOELIS & CO - CLASS A (NYSE:MC) by our stockscreener. A breakout pattern is formed when a stock consolidates after a strong rise up. We note that this pattern is detected purely based on technical analysis and whether the breakout actually materializes remains to be seen. It could be interesting to keep an eye on NYSE:MC.

Deciphering the Technical Picture of NYSE:MC

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, MC scores 8 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, MC is showing a nice and steady performance.

• The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
• MC is part of the Capital Markets industry. There are 220 other stocks in this industry. MC outperforms 73% of them.
• MC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MC is lagging the market slightly.
• In the last month MC has a been trading in the 72.60 - 78.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
• Looking at the yearly performance, MC did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

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

Looking at the Setup

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:MC is 7:

MC 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 73.38, a Stop Loss order could be placed below this zone.

What matters for high growth investors.

• The EPS of MOELIS & CO - CLASS A has exhibited growth from one quarter to another (Q2Q), with a 247.0% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• The quarterly earnings of MOELIS & CO - CLASS A have shown a 247.0% 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 earnings per share (EPS) growth of MOELIS & CO - CLASS A are accelerating: the current Q2Q growth of 247.0% is above the previous year Q2Q growth of -141.0%. Earnings momentum and acceleration are key for high growth systems.
• With positive growth in its operating margin over the past year, MOELIS & CO - CLASS A 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 Return on Equity (ROE) of MOELIS & CO - CLASS A stands at 11.14%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• Maintaining a Debt-to-Equity ratio of 0.0, MOELIS & CO - CLASS A demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• MOELIS & CO - CLASS A 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.
• MOELIS & CO - CLASS A has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 80.22 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. MOELIS & CO - CLASS A is well-positioned for potential price growth opportunities.

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.