Advanced Energy Industries (NASDAQ:AEIS) Identified by High Growth Momentum and Minervini Trend Screen

Advanced Energy Industries (NASDAQ:AEIS) has recently been identified by a screening method that joins Mark Minervini's strict Trend Template with a High Growth Momentum (HGM) filter. This two-part method aims to find companies that are not only in strong technical uptrends but also display the fundamental earnings and sales acceleration that usually supports continued price gains. The method favors stocks that show leadership by performing better than the general market and displaying solid institutional interest, all while following strict risk control rules.

Technical Strength and Trend Template Alignment

The Minervini Trend Template is made to filter for stocks in a confirmed Stage 2 uptrend, and AEIS currently meets its main technical requirements. This agreement is important as it helps investors concentrate on securities with confirmed momentum, steering clear of those still in consolidation or falling stages.

Key technical metrics for AEIS include:

• Price vs. Moving Averages: The current price of $206.04 trades well above its rising 50-day ($190.17), 150-day ($152.08), and 200-day ($140.13) simple moving averages. This ordered arrangement is a characteristic of a sound, long-term uptrend.
• Proximity to Highs: The stock is trading within 25% of its 52-week high of $232.05, a main Minervini rule that ensures concentration on market leaders, not poorer performers. At the same time, it sits more than 30% above its 52-week low of $75.01, confirming a solid recovery and positive trend.
• Superior Relative Strength: With a ChartMill Relative Strength rating of 94.92, AEIS is performing better than nearly 95% of all stocks in the market. Minervini states that high relative strength is a clear indicator of institutional buying and industry leadership.

High Growth Momentum Fundamentals

Beyond a strong chart, the Minervini method requires sound fundamental health, specifically accelerating earnings and sales growth. AEIS's High Growth Momentum rating mirrors this positive fundamental path, which is frequently the driver that pushes a stock's price upward.

The company's growth profile is strong:

• Explosive Earnings Growth: The most recent quarter saw earnings per share increase 77.55% compared to the same quarter last year. This comes after a pattern of solid performance, with the prior quarter growing 76.47%. This quickening is a strong sign of improving business conditions.
• Consistent Earnings Surprises: AEIS has exceeded analyst EPS estimates in each of the last four quarters, with an average beat of 14.68%. Steady positive surprises frequently result in upward adjustments in future estimates, creating a positive feedback loop for the stock price.
• Strong Sales Expansion: Revenue growth has also been solid, with the last quarter showing a 23.81% year-over-year increase. This shows that top-line growth is supporting the bottom-line growth, making the earnings gain more durable.
• Improving Profitability: The company's profit margin in the last reported quarter was 9.97%, a notable gain from the 5.71% margin in the previous quarter. This shows operational effectiveness and pricing ability, both characteristics of a high-quality growth company.

Technical Report Summary

The detailed technical analysis for AEIS gives a top rating of 10 out of 10, reflecting outstanding technical health. The long-term trend is classified as positive, and the stock is performing well both on an absolute basis and compared to the general market. The analysis also finds a defined support area between $187.20 and $190.17, which is created by a combination of moving averages and trendlines, offering a logical level for risk control.

For a detailed breakdown of the support and resistance levels, as well as the complete technical analysis, you can review the full AEIS Technical Report.

Discovering Similar Opportunities

Advanced Energy Industries is a prime example of the kind of company that can be found by methodically using both technical and fundamental growth filters. For investors looking for other potential candidates that meet this strict criteria, the screening method that found AEIS can be a useful beginning point.

You can find more results from this "High Growth Momentum + Trend Template" screen here.

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