Why the high growth investor may take a look at NATERA INC (NASDAQ:NTRA).

NATERA INC (NASDAQ:NTRA) 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 NASDAQ:NTRA.

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, NTRA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NTRA 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 NTRA is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, NTRA also shows a nice and consistent pattern of rising prices.
• NTRA is part of the Biotechnology industry. There are 573 other stocks in this industry. NTRA outperforms 94% of them.
• NTRA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month NTRA has a been trading in the 114.62 - 132.01 range, which is quite wide. It is currently trading near the high of this range.

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

How does the Setup look for NASDAQ:NTRA

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, NASDAQ:NTRA has a 8 as its setup rating:

Besides having an excellent technical rating, NTRA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 126.26, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

Looking into the high growth metrics of NATERA INC

• The recent financial report of NATERA INC demonstrates a 69.07% 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
• NATERA INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 58.13%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• NATERA INC has demonstrated strong 1-year revenue growth of 46.12%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
• Over the past 3 months, analysts have adjusted their EPS Estimate for NATERA INC with a 11.05% change. This highlights the evolving outlook on the company's EPS potential.
• The recent financial report of NATERA INC demonstrates a 69.07% 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
• The earnings per share (EPS) growth of NATERA INC are accelerating: the current Q2Q growth of 69.07% is above the previous year Q2Q growth of 35.33%. Earnings momentum and acceleration are key for high growth systems.
• With a favorable trend in its operating margin over the past year, NATERA INC demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• NATERA INC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• With a Debt-to-Equity ratio at 0.44, NATERA INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• With a track record of beating EPS estimates in the last 4 quarters, NATERA INC showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• NATERA INC has achieved an impressive Relative Strength (RS) rating of 98.14, showcasing its ability to outperform the broader market. This strong performance positions NATERA INC as an attractive stock for potential price appreciation.

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

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.