Exploring NASDAQ:NTRA's high growth characteristics.

Our stock screener has detected a potential breakout setup on NATERA INC (NASDAQ:NTRA). This breakout pattern is observed when a stock consolidates following a strong upward movement. It's important to note that this pattern is based on technical analysis, and the actual breakout outcome is uncertain. However, it might be worth keeping an eye on NASDAQ:NTRA.

Technical Analysis Observations

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.

We assign a technical rating of 10 out of 10 to NTRA. 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.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, NTRA did better than 96% of all other stocks. We also observe that the gains produced by NTRA over the past year are nicely spread over this period.
• NTRA is part of the Biotechnology industry. There are 569 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.
• NTRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

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

Why is NASDAQ:NTRA a setup?

ChartMill takes into account not only the Technical Rating but also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, NASDAQ:NTRA exhibits a 8 setup rating, indicating its consolidation status in recent days and weeks.

NTRA 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 166.44, a Stop Loss order could be placed below this zone.

Why NASDAQ:NTRA may be interesting for high growth investors.

• NATERA INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 72.63% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• The quarter-to-quarter (Q2Q) revenue growth of 63.9% of NATERA INC has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• The 1-year revenue growth of NATERA INC (54.93%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• Analysts' average next Quarter EPS Estimate for NATERA INC has witnessed a 16.16% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The quarterly earnings of NATERA INC have shown a 72.63% 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 earnings per share (EPS) growth of NATERA INC are accelerating: the current Q2Q growth of 72.63% is above the previous year Q2Q growth of 24.0%. Earnings momentum and acceleration are key for high growth systems.
• NATERA INC 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.
• NATERA INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• NATERA INC maintains a healthy Debt-to-Equity ratio of 0.42. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• NATERA INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• NATERA INC has exhibited strong Relative Strength(RS) in recent periods, with a current 96.97 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. NATERA INC shows promising potential for continued price momentum.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Keep in mind

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.