Assembly Biosciences Inc (NASDAQ:ASMB) Fits the Minervini Trend Template with Strong Growth Fundamentals

In the field of growth investing, joining a solid technical plan with strict fundamental study can be a strong way to find possible leading companies. One technique that shows this combined effect is the method made known by Mark Minervini. This technique uses a defined Trend Template to confirm a stock is in a clear, strong uptrend, removing less strong options. It then adds fundamental filters to locate firms showing the sharp earnings and sales expansion that usually supports continued price gains. This two-part technique aims to find strong stocks early in their big price moves, mixing price movement with core business health.

Assembly Biosciences Inc (NASDAQ:ASMB) stands as a present option that seems to fit the strict needs of this joined technique, offering an example in matching technical price movement with strong-growth fundamentals.

Fitting the Minervini Trend Template

The Minervini Trend Template is made to find stocks in a clear Stage 2 uptrend, where most of a big price rise often happens. It acts as a filter, making sure all technical conditions match to show institutional buying and force. A look at Assembly Biosciences shows it meets these key points:

• Price Above Key Moving Averages: The stock's present price trades well above its rising 50-day, 150-day, and 200-day simple moving averages (SMAs). This order shows positive price movement across short, medium, and long-term periods.
• Moving Average Order: The 50-day SMA ($32.17) is above both the 150-day SMA ($23.90) and the 200-day SMA ($20.62), and the 150-day SMA is also above the 200-day SMA. This positive order is a standard sign of a stock in a strong trend.
• Nearness to Highs: The stock is trading within 10% of its 52-week high of $39.71, well inside the template's need to be within 25% of the high. At the same time, its present price is over 360% above its 52-week low of $7.75, much more than the 30% limit. This shows the stock has already made a strong rise and is holding near its highest levels, a usual trait of market leaders.
• Better Relative Strength: With a ChartMill Relative Strength (CRS) score of 96.99, ASMB is doing better than nearly 97% of all stocks in the market. High relative strength is a key part of the Minervini idea, as it finds securities that are wanted and leading the market up, no matter the industry or index action.

This technical view indicates ASMB is not only going up, but doing so with a form that points to continued institutional attention, a main filter for strategies based on price movement.

Fundamentals That Support High Growth Movement

While the Trend Template confirms the "how," the fundamental numbers must answer the "why." For a stock to be viewed for high-growth investing, it must show speeding business results. Assembly Biosciences shows several strong data points from its biotechnology pipeline work:

• Speeding Earnings Path: The company is showing major gain in its profit growth. Quarterly earnings per share (EPS) growth has sped up in order, from 26.98% three quarters ago to 52.32% in the latest quarter. Analysts are positive on the near future, with agreed projections expecting 57.77% growth for the next quarter.
• Steady Earnings Surprises: A key sign of operational overachievement is beating analyst predictions. ASMB has beaten EPS estimates in each of the past four quarters, with an average surprise of over 16%. This steady skill to beat estimates often draws more institutional attention.
• Strong Sales Growth and Changes: Top-line growth is also strong. Revenue growth for the last quarter jumped 57.62% year-over-year. Also, analysts have much raised their projections, increasing the average revenue estimate for the next year by 27.28% over the past three months. Such upward changes are a strong driver, as they show growing belief in the company's business future.
• Solid Year-over-Year Gain: On a yearly basis, the company's EPS growth for the last reported fiscal year was 50.84%, a large gain from 40.98% the year before. This pattern of speeding yearly growth is a key filter for high-movement investors looking for companies that are not only growing, but growing at a faster speed.

These fundamental parts give the possible driver that Minervini's technique looks for, a clear reason, based in better financials, for the stock's solid technical performance and future price gains.

Technical Condition and Setup Review

Beyond the basic Trend Template, a closer technical study using ChartMill's own ratings gives more detail. Assembly Biosciences presently has a full Technical Rating of 10 out of 10, putting it in the top group of all stocks from a trend condition view. Both its short-term and long-term trends are rated as positive, confirming the force seen in the moving average study.

The stock's Setup Rating is a 6, showing it is coming out of a holding phase. The technical report notes lower price swings and the recent showing of a "Pocket Pivot" signal, a volume-based sign pointing to buying. The study finds closest support near the $33.88 level and resistance in the $36.23-$36.27 area. A clear move above this resistance could be seen as a possible break from its recent trading range, giving a clear entry point for traders focused on price movement.

For a full look at the support, resistance, and automated trade setup, you can see the complete ChartMill Technical Analysis Report for ASMB.

An Option for More Study

Assembly Biosciences Inc shows a strong picture for investors using a growth-and-movement centered method. It meets the strict technical list of the Minervini Trend Template, confirming a strong uptrend with better relative strength. Fundamentally, it shows the signs of a high-movement stock: speeding earnings growth, steady positive surprises, and solid analyst estimate changes driven by its clinical-stage pipeline.

It is key to note that such filters are made to find possible options, not give final investment signals. Any stock, especially in the changeable biotechnology industry, needs complete personal research, including a review of pipeline details, trial data, competitive field, and general market state.

If you want to look at other stocks that presently fit this mix of high-growth movement and solid technical trends, you can use the same filter with this link: High Growth Momentum + Trend Template Screen.

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Disclaimer: This article is for information and learning only. It is not meant as investment advice, a suggestion, or an offer to buy or sell any security. The study is based on given data and certain filter methods, which have limits. You should do your own research and talk with a qualified financial advisor before making any investment choices. Past results do not show future outcomes. Investing has risk, including the possible loss of your money.