ASCENDIS PHARMA A/S - ADR (NASDAQ:ASND) Combines Technical Strength and High-Growth Momentum

In the world of growth investing, combining technical strength with fundamental momentum often yields strong opportunities. One approach gaining traction with traders is the integration of Mark Minervini’s Trend Template, a systematic method for identifying stocks in healthy uptrends, with high-growth momentum criteria. This dual screening process ensures that selected securities not only show strong price trends but also display accelerating earnings, revenue growth, and positive revisions, signs of companies set for potential outperformance.

ASCENDIS PHARMA A/S - ADR (NASDAQ:ASND) appears as a noteworthy candidate from such a screen, meeting both the technical demands of Minervini’s framework and the fundamental measures for high-growth momentum.

Technical Strength Through the Trend Template Lens

Minervini’s Trend Template focuses on price action, moving averages, and relative strength to confirm a stock is in a sustainable uptrend. ASND satisfies these conditions with precision:

• The current price of $194.27 trades well above its key moving averages, the 50-day ($180.25), 150-day ($163.11), and 200-day ($155.44), indicating strong bullish alignment across timeframes.
• Each of these moving averages is trending upward, supporting the stock’s positive momentum.
• With a 52-week high of $199.99 and a low of $111.09, ASND’s current price reflects a gain of over 74% from its low and places it within 3% of its high, meeting Minervini’s requirement for proximity to new highs and significant recovery from lows.
• The relative strength ranking of 85.98 indicates ASND is performing better than 86% of all stocks, a key factor in Minervini’s strategy for identifying market leaders.

These technical traits suggest ASND is in a confirmed Stage 2 advance, a phase Minervini links with the strongest growth potential, making it a technically solid candidate for trend-following strategies.

Fundamental Momentum and Growth Catalysts

Beyond chart strength, ASND shows strong fundamental momentum, important for high-growth investors:

• Revenue growth has been explosive, with a trailing twelve-month (TTM) increase of 54.5% and the most recent quarter surging 339% year-over-year. This acceleration fits with Minervini’s focus on sales growth as a driver of institutional interest and price momentum.
• Earnings trends are also improving clearly. Although the company reports negative EPS given its growth phase, the rate of improvement is notable: EPS growth on a TTM basis is nearly 47%, and recent quarterly growth rates have exceeded 30%, with the latest quarter up 66.5%. This progression suggests operational leverage and scaling efficacy.
• Analyst revisions have turned clearly positive, with next-year EPS estimates revised upward by over 15% in the last three months, and revenue estimates lifted by 14.4%. Such revisions often come before continued institutional accumulation and price appreciation.
• The company has a solid history of exceeding expectations, beating EPS estimates in three of the last four quarters by an average of nearly 21%, and revenue estimates in three quarters by over 6%. This consistency in outperformance builds credibility and can act as a recurring catalyst.

These elements reflect the "big earnings attract big attention" principle that Minervini points out, where fundamental acceleration draws market interest and fuels extended price trends.

Technical and Setup Outlook

According to ChartMill’s technical analysis report for ASND, the stock earns a perfect technical rating of 10, supported by a solid setup rating of 8. The report notes a bull flag pattern forming near all-time highs, with reduced volatility and consolidation offering a potential entry point above $198.34. Support levels are well-defined around $190–$193, providing a logical area for stop placement, while resistance is minimal just above current prices. The overall trend is positive across short and long-term timeframes, and relative strength remains high. For a detailed analysis, review the full technical report here.

Conclusion

ASND represents a strong case where strict technical and fundamental screens come together. It fits with Minervini’s focus on solid trends, relative strength, and fundamental improvement, while also meeting the criteria for high-growth momentum investing. For investors looking for similar opportunities, this combination of trend and growth can be an effective filter for finding potential leaders.

Explore more high-growth momentum ideas that meet the Minervini Trend Template criteria through this custom screen.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. All investments involve risk, and readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.