Evaluating NYSE:YOU for high Growth Investment Opportunities.

We've identified CLEAR SECURE INC -CLASS A (NYSE:YOU) 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 NYSE:YOU for further developments.

Zooming in on the technicals.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, YOU scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, YOU 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.
• YOU is one of the better performing stocks in the Software industry, it outperforms 93% of 282 stocks in the same industry.
• YOU 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.
• YOU 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.
• Looking at the yearly performance, YOU did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

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

How does the Setup look for NYSE:YOU

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, NYSE:YOU has a 7 as its setup rating:

Besides having an excellent technical rating, YOU 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 35.26, a Stop Loss order could be placed below this zone.

Why NYSE:YOU may be interesting for high growth investors.

• The EPS of CLEAR SECURE INC -CLASS A has exhibited growth from one quarter to another (Q2Q), with a 127.0% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 24.6%, CLEAR SECURE INC -CLASS A showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• With notable 1-year revenue growth of 32.41%, CLEAR SECURE 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 future growth.
• Analysts' average next Quarter EPS Estimate for CLEAR SECURE INC -CLASS A has witnessed a 21.78% 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, CLEAR SECURE INC -CLASS A reported a 127.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• With positive growth in its operating margin over the past year, CLEAR SECURE INC -CLASS A 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.
• CLEAR SECURE 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.
• CLEAR SECURE INC -CLASS A exhibits a strong Return on Equity (ROE) of 47.02%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• CLEAR SECURE INC -CLASS A maintains a healthy Debt-to-Equity ratio of 0.0. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With 66.91% of the total shares held by institutional investors, CLEAR SECURE INC -CLASS A showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.
• CLEAR SECURE INC -CLASS A has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• CLEAR SECURE INC -CLASS A has achieved an impressive Relative Strength (RS) rating of 96.96, showcasing its ability to outperform the broader market. This strong performance positions CLEAR SECURE INC -CLASS A as an attractive stock for potential price appreciation.

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

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.