By Mill Chart
Last update: May 7, 2024
Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but MINISO GROUP HOLDING LTD-ADR has surfaced on our radar for growth with base formation, warranting further examination.
ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NYSE:MNSO, the assigned 8 reflects its growth potential:
ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:MNSO, the assigned 8 for health provides valuable insights:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:MNSO scores a 8 out of 10:
Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:MNSO currently holds a 8 as its setup rating, suggesting a particular level of consolidation in the stock.
MNSO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.04. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MNSO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
More Strong Growth stocks can be found in our Strong Growth screener.
Check the latest full fundamental report of MNSO for a complete fundamental analysis.
Our latest full technical report of MNSO contains the most current technical analsysis.
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.
22.05
-0.18 (-0.81%)
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Based on a technical and fundamental analysis of NYSE:MNSO we ask: Is MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) on the Verge of a Major Breakout as a Strong Growth Stock?
Exploring high growth characteristics of MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO). A fundamental and technical analysis of (NYSE:MNSO).
Based on Fundamental Analysis it can be said that NYSE:MNSO is a growth stock which is not overvalued.