Should you consider WELLTOWER INC (NYSE:WELL) for high growth investing?

A possible breakout setup was detected on WELLTOWER INC (NYSE:WELL) by our stockscreener. A breakout pattern is formed when a stock consolidates after a strong rise up. We note that this pattern is detected purely based on technical analysis and whether the breakout actually materializes remains to be seen. It could be interesting to keep an eye on NYSE:WELL.

Deciphering the Technical Picture of NYSE:WELL

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

Overall WELL 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, WELL 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 WELL is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by WELL over the past year are nicely spread over this period.
• WELL is part of the Diversified REITs industry. There are 128 other stocks in this industry. WELL outperforms 94% of them.
• WELL 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.
• WELL 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 WELL contains the most current technical analsysis.

Looking at the Setup

Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NYSE:WELL this score is currently 8:

Besides having an excellent technical rating, WELL 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 very little resistance above the current price. There is a support zone below the current price at 148.57, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

Looking into the high growth metrics of WELLTOWER INC

• WELLTOWER INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 26.67% increase. This indicates improving financial performance and the company's effective management of its operations.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 28.64%, WELLTOWER INC 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.
• WELLTOWER INC has achieved 25.99% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• WELLTOWER INC has achieved significant 1-year revenue growth of 20.38%, 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.
• The recent financial report of WELLTOWER INC demonstrates a 26.67% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• With positive growth in its operating margin over the past year, WELLTOWER INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• With a favorable trend in its free cash flow (FCF) over the past year, WELLTOWER INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• Maintaining a Debt-to-Equity ratio of 0.52, WELLTOWER INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• WELLTOWER INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 91.33 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. WELLTOWER INC is well-positioned for potential price growth opportunities.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Disclaimer

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.