Is TRADEWEB MARKETS INC-CLASS A (NASDAQ:TW) suited for high growth investing?

Our stockscreener has identified a possible breakout setup on TRADEWEB MARKETS INC-CLASS A (NASDAQ:TW). This occurs when the stock consolidates following a significant upward movement. While the breakout outcome cannot be guaranteed, it may be worth monitoring NASDAQ:TW for potential opportunities.

Deciphering the Technical Picture of NASDAQ:TW

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.

Overall TW gets a technical rating of 9 out of 10. 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.

• The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
• Looking at the yearly performance, TW did better than 86% of all other stocks. We also observe that the gains produced by TW over the past year are nicely spread over this period.
• TW is one of the better performing stocks in the Capital Markets industry, it outperforms 79% of 220 stocks in the same industry.
• TW 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 TW is lagging the market slightly.
• In the last month TW has a been trading in the 125.06 - 141.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

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

Why is NASDAQ:TW 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:TW exhibits a 7 setup rating, indicating its consolidation status in recent days and weeks.

Besides having an excellent technical rating, TW 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 a support zone below the current price at 129.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TW in the last couple of days, which is a good sign.

What matters for high growth investors.

• TRADEWEB MARKETS INC-CLASS A has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 36.36% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• TRADEWEB MARKETS INC-CLASS A has achieved significant quarter-to-quarter (Q2Q) revenue growth of 36.72%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• The 1-year revenue growth of TRADEWEB MARKETS INC-CLASS A (29.45%) 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.
• The average next Quarter EPS Estimate by analysts was adjusted by 7.62%, reflecting the evolving market expectations for the company's EPS growth.
• The quarterly earnings of TRADEWEB MARKETS INC-CLASS A have shown a 36.36% 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
• 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%.
• With a favorable trend in its operating margin over the past year, TRADEWEB MARKETS INC-CLASS A demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• TRADEWEB MARKETS INC-CLASS A 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 0.0, TRADEWEB MARKETS INC-CLASS A showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• The ownership composition of TRADEWEB MARKETS INC-CLASS A reflects a balanced investor ecosystem, with institutional shareholders owning 54.65%. This indicates a broader market participation and potential for increased trading liquidity.
• The Relative Strength (RS) of TRADEWEB MARKETS INC-CLASS A has been consistently solid, with a current 86.79 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. TRADEWEB MARKETS INC-CLASS A exhibits strong prospects for further price appreciation.

More ideas for high growth momentum breakouts can be found on ChartMill in our High Growth Momentum Breakout screen.

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.