Why the high growth investor may take a look at NYSE:MNSO.

MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) 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:MNSO.

Insights from Technical Analysis

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Taking everything into account, MNSO scores 8 out of 10 in our technical rating. In the last year, MNSO was one of the better performers, but we do observe some doubts in the very recent evolution.

• 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!
• When comparing the yearly performance of all stocks, we notice that MNSO is one of the better performing stocks in the market, outperforming 88% of all stocks.
• MNSO is one of the better performing stocks in the Broadline Retail industry, it outperforms 77% of 32 stocks in the same industry.
• MNSO 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 MNSO is lagging the market slightly.
• In the last month MNSO has a been trading in the 22.08 - 24.34 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.

Check the latest full technical report of MNSO for a complete technical analysis.

Why is NYSE:MNSO a setup?

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:MNSO currently has a 7 as setup rating:

Besides having an excellent technical rating, MNSO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Looking into the high growth metrics of MINISO GROUP HOLDING LTD-ADR

• MINISO GROUP HOLDING LTD-ADR has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 44.74% increase. This indicates improving financial performance and the company's effective management of its operations.
• MINISO GROUP HOLDING LTD-ADR has achieved significant quarter-to-quarter (Q2Q) revenue growth of 53.09%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• With notable 1-year revenue growth of 29.06%, MINISO GROUP HOLDING LTD-ADR exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• The recent financial report of MINISO GROUP HOLDING LTD-ADR demonstrates a 44.74% 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
• MINISO GROUP HOLDING LTD-ADR has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• With positive growth in its free cash flow (FCF) over the past year, MINISO GROUP HOLDING LTD-ADR showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• MINISO GROUP HOLDING LTD-ADR showcases a robust Return on Equity (ROE) of 24.94%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• MINISO GROUP HOLDING LTD-ADR maintains a healthy Debt-to-Equity ratio of 0.15. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With institutional shareholders at 10.05%, MINISO GROUP HOLDING LTD-ADR demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.
• MINISO GROUP HOLDING LTD-ADR has exceeded EPS estimates 3 times in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• MINISO GROUP HOLDING LTD-ADR has exhibited strong Relative Strength(RS) in recent periods, with a current 88.57 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. MINISO GROUP HOLDING LTD-ADR shows promising potential for continued price momentum.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Keep in mind

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.