Is NASDAQ:PWP a Fit for high Growth Investing Strategies?

Our stock screener has flagged PERELLA WEINBERG PARTNERS (NASDAQ:PWP) as a potential breakout candidate. This occurs when the stock shows signs of consolidation after a notable upward trend. While we can't predict the actual breakout, it's worth monitoring NASDAQ:PWP for potential movement.

In-Depth Technical Analysis of NASDAQ:PWP

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, PWP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PWP is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, PWP did better than 94% of all other stocks. On top of that, PWP also shows a nice and consistent pattern of rising prices.
• PWP is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 222 stocks in the same industry.
• PWP 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.
• PWP 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.

Our latest full technical report of PWP contains the most current technical analsysis.

Looking at the Setup

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:PWP is 7:

PWP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.98. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

What matters for high growth investors.

• PERELLA WEINBERG PARTNERS has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 183.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• PERELLA WEINBERG PARTNERS has demonstrated strong q2q revenue growth of 100.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• With impressive 1-year revenue growth of 39.75%, PERELLA WEINBERG PARTNERS showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• In the most recent financial report, PERELLA WEINBERG PARTNERS reported a 183.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• accelerating EPS growth for PERELLA WEINBERG PARTNERS: the current Q2Q growth of 183.0% exceeds the previous year Q2Q growth of -53.85%.
• The free cash flow (FCF) of PERELLA WEINBERG PARTNERS has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• With a track record of beating EPS estimates 3 times in the last 4 quarters, PERELLA WEINBERG PARTNERS showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• PERELLA WEINBERG PARTNERS has achieved an impressive Relative Strength (RS) rating of 94.98, showcasing its ability to outperform the broader market. This strong performance positions PERELLA WEINBERG PARTNERS as an attractive stock for potential price appreciation.

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.