By Mill Chart
Last update: Dec 13, 2023
Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if AEHR TEST SYSTEMS (NASDAQ:AEHR) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted AEHR TEST SYSTEMS showing up in our growth with base formation screen, so it may be worth spending some more time on it.
ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NASDAQ:AEHR, the assigned 9 reflects its growth potential:
ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:AEHR was assigned a score of 8 for health:
Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:AEHR has achieved a 7:
In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:AEHR has a 7 as its setup rating, indicating its current consolidation status.
Although the technical rating is bad, AEHR does present a nice setup opportunity. 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 25.89. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for AEHR in the last couple of days, which is a good sign.
Our Strong Growth screener lists more Strong Growth stocks and is updated daily.
Our latest full fundamental report of AEHR contains the most current fundamental analsysis.
For an up to date full technical analysis you can check the technical report of AEHR
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.
AEHR TEST SYSTEMS
NASDAQ:AEHR (4/25/2024, 10:59:09 AM)
11.01
-0.13 (-1.17%)
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