Exploring NYSE:APH's high growth characteristics.

A possible breakout setup was detected on AMPHENOL CORP-CL A (NYSE:APH) by our stockscreener. A breakout pattern is formed when a stock consolidates after a strong rise up. We note that this pattern is detected purely based on technical analysis and whether the breakout actually materializes remains to be seen. It could be interesting to keep an eye on NYSE:APH.

Insights from Technical Analysis

ChartMill employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

We assign a technical rating of 7 out of 10 to APH. In the last year, APH was one of the better performers, but we do observe some doubts in the very recent evolution.

• The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
• When comparing the yearly performance of all stocks, we notice that APH is one of the better performing stocks in the market, outperforming 82% of all stocks.
• APH is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 69% of 124 stocks in the same industry.
• APH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so APH is lagging the market.
• In the last month APH has a been trading in the 65.67 - 79.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

For an up to date full technical analysis you can check the technical report of APH

How does the Setup look for NYSE:APH

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, NYSE:APH has a 8 as its setup rating, indicating its current consolidation status.

Besides having an excellent technical rating, APH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 71.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

Looking into the high growth metrics of AMPHENOL CORP-CL A

• The quarterly earnings of AMPHENOL CORP-CL A have shown a 34.15% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• With consistent quarter-to-quarter (Q2Q) revenue growth of 29.76%, AMPHENOL CORP-CL A exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• AMPHENOL CORP-CL A has achieved significant 1-year revenue growth of 21.25%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• Over the past 3 months, analysts have adjusted their EPS Estimate for AMPHENOL CORP-CL A with a 16.62% change. This highlights the evolving outlook on the company's EPS potential.
• In the most recent financial report, AMPHENOL CORP-CL A reported a 34.15% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• AMPHENOL CORP-CL A shows accelerating EPS growth: when comparing the current Q2Q growth of 34.15% to the previous year Q2Q growth of 5.13%, we see the growth rate improving.
• AMPHENOL CORP-CL A has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• AMPHENOL CORP-CL A has a healthy Return on Equity(ROE) of 24.76%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• AMPHENOL CORP-CL A exhibits a favorable Debt-to-Equity ratio at 0.66. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• AMPHENOL CORP-CL A has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• AMPHENOL CORP-CL A has exhibited strong Relative Strength(RS) in recent periods, with a current 82.45 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. AMPHENOL CORP-CL A shows promising potential for continued price momentum.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.