TRADEWEB MARKETS INC-CLASS A (NASDAQ:TW) is a candidate for high growth investors. Here's why.

We've identified TRADEWEB MARKETS INC-CLASS A (NASDAQ:TW) as a potential breakout candidate based on our stock screener's analysis. This breakout setup pattern suggests that after a strong uptrend, the stock is currently consolidating, potentially signaling a continuation of the trend. Keep an eye on NASDAQ:TW for further developments.

Technical analysis of NASDAQ:TW

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, TW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TW 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.
• Looking at the yearly performance, TW did better than 78% of all other stocks. On top of that, TW also shows a nice and consistent pattern of rising prices.
• TW is part of the Capital Markets industry. There are 218 other stocks in this industry. TW outperforms 71% of them.
• TW 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 TW has a been trading in the 125.16 - 136.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

How does the Setup look for NASDAQ:TW

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NASDAQ:TW scores a 7 out of 10:

Besides having an excellent technical rating, TW also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 133.45. Right above this resistance zone may be a good entry point.

Some of the high growth metrics of NASDAQ:TW highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), TRADEWEB MARKETS INC-CLASS A highlights its ability to generate increasing profitability, showcasing a 36.36% growth.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 36.72%, TRADEWEB MARKETS INC-CLASS A exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• TRADEWEB MARKETS INC-CLASS A has achieved significant 1-year revenue growth of 29.45%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• Analysts' average next Quarter EPS Estimate for TRADEWEB MARKETS INC-CLASS A has witnessed a 7.41% 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, TRADEWEB MARKETS INC-CLASS A reported a 36.36% 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 TRADEWEB MARKETS INC-CLASS A: the current Q2Q growth of 36.36% exceeds the previous year Q2Q growth of 22.22%.
• TRADEWEB MARKETS INC-CLASS A 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.
• TRADEWEB MARKETS INC-CLASS A 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 current Debt-to-Equity ratio at 0.0, TRADEWEB MARKETS INC-CLASS A showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• TRADEWEB MARKETS INC-CLASS A exhibits a favorable ownership structure, with an institutional shareholder ownership of 54.05%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.
• TRADEWEB MARKETS INC-CLASS A has achieved an impressive Relative Strength (RS) rating of 78.22, showcasing its ability to outperform the broader market. This strong performance positions TRADEWEB MARKETS INC-CLASS A 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 article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.