AMPRIUS TECHNOLOGIES INC (NYSE:AMPX) – A High-Growth Stock Meeting Minervini’s Trend Template

AMPRIUS TECHNOLOGIES INC (NYSE:AMPX) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template criteria. The company, which specializes in advanced silicon anode batteries, has demonstrated strong technical and fundamental characteristics that may appeal to growth-focused investors.

Technical Strength: Meeting Minervini’s Trend Template

AMPX satisfies key technical criteria from Minervini’s strategy, which focuses on stocks in strong uptrends:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($4.16), 150-day ($3.17), and 200-day ($2.80) moving averages, confirming a bullish trend.
• Rising Moving Averages: The 50-day, 150-day, and 200-day moving averages are all trending upward, indicating sustained momentum.
• Strong Relative Strength: With a ChartMill Relative Strength (CRS) score of 99.49, AMPX outperforms nearly all stocks in the market.
• Price Near 52-Week High: At $8.19, the stock is within 10% of its 52-week high ($9.09), a sign of leadership.
• Significant Price Appreciation: AMPX has surged over 588% in the past year, well above the 30% threshold Minervini looks for.

High Growth Fundamentals

Beyond technicals, AMPX exhibits strong growth metrics that align with high-growth investing:

• Revenue Growth: Quarterly revenue surged 383% year-over-year, with full-year revenue growth at 167%.
• Earnings Momentum: EPS growth improved by 27% in the latest quarter, with analysts revising next-year EPS estimates upward by 14.6%.
• Estimate Beats: The company has beaten revenue estimates in all of the last four quarters, with an average beat of 42.3%.
• Industry Leadership: As a developer of high-performance silicon anode batteries, AMPX operates in a high-demand sector for aviation and electric vehicles.

Technical Report Summary

According to ChartMill’s technical analysis, AMPX scores a perfect 10 out of 10 for technical strength, supported by:

• Strong short- and long-term uptrends.
• High relative strength, outperforming 99% of stocks.
• Elevated trading volume, indicating institutional interest.

However, the setup rating is currently 3, suggesting the stock may need a consolidation phase before presenting an optimal entry point. For a deeper analysis, review the full technical report here.

Our High Growth Momentum + Trend Template screener lists more high-growth stocks that meet Minervini’s criteria.

Disclaimer

This is not investment advice. The observations are based on current data, and investors should conduct their own research before making decisions.