Delving into NYSE:MC's high Growth Prospects.

MOELIS & CO - CLASS A (NYSE:MC) 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 NYSE:MC.

What is the technical picture of NYSE:MC telling us.

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, MC scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

• The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
• Looking at the yearly performance, MC did better than 84% of all other stocks. We also observe that the gains produced by MC over the past year are nicely spread over this period.
• MC is part of the Capital Markets industry. There are 220 other stocks in this industry. MC outperforms 79% of them.
• MC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MC is performing more or less in line with the market.
• In the last month MC has a been trading in the 70.44 - 78.15 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.

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

Why is NYSE:MC a setup?

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:MC scores a 8 out of 10:

Besides having an excellent technical rating, MC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 73.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

Looking into the high growth metrics of MOELIS & CO - CLASS A

• 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.
• In the most recent financial report, MOELIS & CO - CLASS A reported a 247.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• accelerating EPS growth for MOELIS & CO - CLASS A: the current Q2Q growth of 247.0% exceeds the previous year Q2Q growth of -141.0%.
• 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 is 11.14%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• MOELIS & CO - CLASS A exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• MOELIS & CO - CLASS A has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• The Relative Strength (RS) of MOELIS & CO - CLASS A has been consistently solid, with a current 84.94 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. MOELIS & CO - 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.

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.