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

Our stock screener has spotted NATERA INC (NASDAQ:NTRA) as a possible breakout candidate. A technical breakout setup pattern occurs when the stock is consolidating after a nice uptrend. Whether the actual breakout occurs remains to be seen of course, but it may be interesting to keep an eye on NASDAQ:NTRA.

What is the technical picture of NASDAQ:NTRA telling us.

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall NTRA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NTRA is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that NTRA is one of the better performing stocks in the market, outperforming 96% 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 572 other stocks in this industry. NTRA outperforms 96% of them.
• NTRA 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 NTRA is lagging the market slightly.
• In the last month NTRA has a been trading in the 155.12 - 183.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

For an up to date full technical analysis you can check the technical report of NTRA

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 and the volatility has been reduced. There is a support zone below the current price at 160.54, a Stop Loss order could be placed below this zone.

What matters for high growth investors.

• In the most recent financial report, NATERA INC reported a 72.63% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• NATERA INC has experienced 63.9% q2q revenue growth, indicating a significant sales increase.
• With notable 1-year revenue growth of 54.93%, NATERA INC 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.
• 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.
• In the most recent financial report, NATERA INC reported a 72.63% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an 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.
• With a Debt-to-Equity ratio at 0.42, 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 96.8, showcasing its ability to outperform the broader market. This strong performance positions NATERA INC as an attractive stock for potential price appreciation.

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

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.