By Mill Chart
Last update: Mar 13, 2024
Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether AXCELIS TECHNOLOGIES INC (NASDAQ:ACLS) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but AXCELIS TECHNOLOGIES INC has surfaced on our radar for growth with base formation, warranting further examination.
ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NASDAQ:ACLS was assigned a score of 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 employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:ACLS, the assigned 8 is noteworthy for profitability:
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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 109.65, a Stop Loss order could be placed below this zone.
More Strong Growth stocks can be found in our Strong Growth screener.
Our latest full fundamental report of ACLS contains the most current fundamental analsysis.
Our latest full technical report of ACLS contains the most current technical analsysis.
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 (4/23/2024, 7:00:00 PM)
After market: 97.24 0 (0%)97.24
+0.28 (+0.29%)
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Wall Street pros are bullish on two hot chip stocks not named Nvidia.
/PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) will release financial results for the first quarter of 2024 on Wednesday, May 1, 2024, at 4:00 p.m....
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/PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced...