CLEAR SECURE INC -CLASS A (NYSE:YOU) is a candidate for high growth investors. Here's why.

Our stock screener has identified CLEAR SECURE INC -CLASS A (NYSE:YOU) as a potential breakout candidate. This technical breakout setup pattern occurs when the stock consolidates after a strong uptrend. While the actual breakout is uncertain, it may be worth keeping an eye on NYSE:YOU.

Analyzing the Technical Aspects

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

We assign a technical rating of 7 out of 10 to YOU. In the past year, YOU was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

• The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
• YOU is part of the Software industry. There are 283 other stocks in this industry. YOU outperforms 89% of them.
• Looking at the yearly performance, YOU did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
• YOU is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
• In the last month YOU has a been trading in the 23.00 - 28.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

How do we evaluate the setup for YOU?

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. YOU scores a 7 out of 10:

Besides having an excellent technical rating, YOU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.19, a Stop Loss order could be placed below this zone.

What matters for high growth investors.

ChartMill assigns a proprietary High Growth Momentum Rating (HGM) to each stock. The score is computed by evaluating various growth and profitability aspects aspects, like EPS and revenue growth, accelleration, surprises and revisions. YOU was assigned a score of 6 for growth:

Earnings Momentum

• The recent financial report of YOU demonstrates a 429.0% 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
• The earnings per share (EPS) growth of YOU is accelerating: the current Q2Q growth of 429.0% is above the previous quarter Q2Q growth of 42.86%. Earnings momentum and acceleration are key for high growth systems.
• Over the past year, YOU has demonstrated 208.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The recent q2q revenue growth of 20.65% of YOU showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• The 1-year revenue growth of YOU (25.56%) 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.
• YOU has seen a 6.45% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• YOU has surpassed EPS estimates 3 times in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.

Financial Strength & Profitability

• With positive growth in its operating margin over the past year, YOU 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.
• In the past year YOU has expanded its Profit Margin, which demonstrates increasing profitability.
• YOU 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.
• YOU has achieved an impressive Return on Equity (ROE) of 85.54%, showcasing its ability to generate favorable returns for shareholders.
• YOU has a Debt/Equity ratio of 0.0, indicating a balanced approach to financing growth.

Strong Market Performance

• The Relative Strength (RS) of YOU has been consistently solid, with a current 93.68 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage.

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

Keep in mind

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.