For investors looking to join strong fundamental growth with positive technical patterns, a multi-layered screening method can be very useful. One way is to sort for stocks that show forceful earnings momentum, good technical condition, and a helpful chart formation. In detail, this searches for stocks with a High Growth Momentum (HGM) Rating above 4, pointing to good short-term earnings speed and estimate changes, a Technical Analysis (TA) Rating above 7, verifying a strong upward trend, and a Setup Rating above 7, meaning the stock is resting in a narrow band and could be ready for a price move upward. This combination tries to find high-growth possibilities that are both fundamentally healthy and technically set for a possible chance to buy.
CIA DE MINAS BUENAVENTUR-ADR (NYSE:BVN) appears from such a filter, presenting a strong case for high growth momentum investors. The Peruvian mining company’s description shows a firm involved in the search, mining, and selling of polymetallic minerals, with a varied collection of mines and energy holdings.
High Growth Momentum Fundamentals
The center of the momentum plan is finding companies with speeding business trends, and Buenaventura’s recent financial numbers show important force. Its High Growth Momentum Rating of 7 mirrors positive marks across several main points that the rating checks.
- Very High Annual Growth: The company’s earnings per share (EPS) increased by an exceptional 2,157% in its last reported fiscal year. While this is somewhat because of a small starting point from earlier years, it points to a forceful shift to profitability.
- Forceful Sequential Sales Momentum: Revenue growth has been speeding up on a quarterly year-over-year basis. The newest quarter saw sales jump by 132.1%, after earlier quarter growth of 33.3%, 24.7%, and 18.0%. This sequence of speeding up is a main sign for momentum investors.
- Growing Profitability: The company’s profit margin in the last quarter was 38.8%, a major increase from 24.7% in the earlier quarter and 2.4% in the last fiscal year. Growing margins point to better operational efficiency and pricing ability.
- Positive Analyst Changes: Analysts have been increasing their estimates, with the average EPS estimate for the next fiscal year changed upward by 27.0% over the last three months. Such changes often come before more positive price momentum as expectations are set higher.
While the newest quarter’s EPS fell year-over-year, the main trend across several quarters and the large full-year betterment, joined with forceful sales growth and margin growth, support the good HGM rating. This matches the screening idea of finding stocks where earnings, sales, and analyst opinion are moving in a positive way.
Technical Force and Setup Condition
A strong fundamental story is best joined with a supportive price chart, and Buenaventura does very well here also. According to the detailed technical report, the stock gets a complete Technical Rating of 10.
- Forceful Upward Trend: Both the long-term and short-term trends are marked as positive. The stock is trading above all its main moving averages (20, 50, 100, and 200-day), which are all increasing, a clear sign of a healthy, continuing upward trend.
- Market Outperformance: With a relative strength percentile of 98, BVN has done better than 97% of all stocks in the market over the past year. It also does better than 81% of similar companies in the Metals & Mining industry.
- Resting for a Possible Price Move Upward: The Setup Rating of 7 means the stock has been resting its recent gains. The report states "reduced volatility while prices have been resting in the newest period." This shape within a strong upward trend can create a possible base for the next move higher.
- Clear Risk Point: The technical analysis finds a definite support area between $36.73 and $37.33, made by a mix of trendlines and moving averages. This gives a logical zone for a stop-loss order, allowing for clear risk control on any try to buy a price move upward.
The mix of a complete technical condition score and a good setup rating speaks to the important "when" question for investors, meaning the stock is both in a forceful trend and could be giving a planned chance to buy.
A Possibility for More Study
Buenaventura displays the kind of profile sought by a joined growth and momentum plan: very high annual earnings growth, speeding quarterly sales, bettering margins, and positive analyst opinion, all placed against a setting of exceptional technical force and a resting price shape. For investors using methods like CANSLIM or those searching for high-growth market front-runners, BVN presents a notable example in matching fundamental momentum with technical timing.
Filters that join these strict ratings can effectively find chances that might otherwise need large manual study. You can find more stocks that fit this exact mix of high growth momentum and technical price move upward formations by running the filter yourself here.
Disclaimer: This article is for information only and does not make up investment advice, a suggestion, or an offer to buy or sell any security. The study is based on given data and mirrors conditions at a certain time. Investors should do their own full research and think about their personal money situation and risk comfort before making any investment choices. Past results are not a guide for future results.
