MOELIS & CO - CLASS A (NYSE:MC) was identified as a Technical Breakout Setup Pattern by our stockscreener. Such a pattern occurs when we see a pause in a strong uptrend: after a strong rise the stock is consolidating a bit and at some point the trend may be continued. Whether this actually happens can not be predicted of course, but it may be a good idea to keep and eye on NYSE:MC.
Technical Analysis Observations
ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.
We assign a technical rating of 10 out of 10 to MC. Both in the recent history as in the last year, MC 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.
- When comparing the yearly performance of all stocks, we notice that MC is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by MC over the past year are nicely spread over this period.
- MC is one of the better performing stocks in the Capital Markets industry, it outperforms 80% of 222 stocks in the same industry.
- 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 69.70 - 79.53 range, which is quite wide. It is currently trading near the high of this range.
Our latest full technical report of MC contains the most current technical analsysis.
How do we evaluate the setup for NYSE:MC?
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:MC has a 7 as its setup rating:
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 very little resistance above the current price. We notice that large players showed an interest for MC in the last couple of days, which is a good sign.
What matters for high growth investors.
- 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 recent financial report of MOELIS & CO - CLASS A demonstrates a 247.0% 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
- accelerating EPS growth for MOELIS & CO - CLASS A: the current Q2Q growth of 247.0% exceeds the previous year Q2Q growth of -141.0%.
- MOELIS & CO - CLASS A 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.
- With a favorable Return on Equity (ROE) of 11.14%, MOELIS & CO - CLASS A demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
- 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.
- MOELIS & CO - CLASS A has exhibited strong Relative Strength(RS) in recent periods, with a current 85.63 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. MOELIS & CO - CLASS A shows promising potential for continued price momentum.
Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.
Disclaimer
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.