By Mill Chart
Last update: Oct 9, 2023
Exploring Growth Potential: AXCELIS TECHNOLOGIES INC (NASDAQ:ACLS) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and AXCELIS TECHNOLOGIES INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected AXCELIS TECHNOLOGIES INC on our screen for growth with base formation, suggesting it merits a closer look.
ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. NASDAQ:ACLS has earned a 8 for growth:
To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:ACLS has earned a 8 out of 10:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:ACLS scores a 8 out of 10:
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:ACLS exhibits a 8 setup rating, indicating its consolidation status in recent days and weeks.
ACLS has only a medium technical rating, but it does show 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 163.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 159.69, a Stop Loss order could be placed below this zone.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of ACLS contains the most current fundamental analsysis.
For an up to date full technical analysis you can check the technical report of ACLS
This article should in no way be interpreted as advice in any way. 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.
AXCELIS TECHNOLOGIES INC
NASDAQ:ACLS (2/22/2024, 10:30:19 AM)
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