CINEVERSE CORP (NASDAQ:CNVS) – A High-Growth Stock Meeting Minervini's Trend Template

CINEVERSE CORP (NASDAQ:CNVS) has emerged as a compelling candidate for growth investors, meeting both the technical criteria of Mark Minervini’s Trend Template and exhibiting strong fundamental growth metrics. The company, a global streaming technology and entertainment firm, has shown significant price momentum alongside improving financial performance.

Technical Strength: Meeting Minervini’s Trend Template

CNVS satisfies key technical conditions outlined in Minervini’s strategy:

• Price Above Key Moving Averages:
  • Current price ($6.33) is above the 50-day ($4.34), 150-day ($3.79), and 200-day SMA ($3.48).
  • The 50-day SMA is above both the 150-day and 200-day SMAs, confirming bullish momentum.
• Strong Relative Strength:
  • CNVS outperforms 99% of all stocks and 100% of its peers in the Entertainment industry.
• Price Near 52-Week High:
  • Trading at $6.33, CNVS is within 14% of its 52-week high ($7.39) and up 653% over the past year.
• Positive Long & Short-Term Trends:
  • Both the short-term and long-term trends are upward, reinforcing a bullish outlook.

Fundamental Growth Drivers

Beyond technicals, CNVS displays strong growth fundamentals:

• Earnings & Revenue Growth:
  • EPS (TTM) grew 113% YoY, while revenue surged 59%.
  • Quarterly EPS growth accelerated to 167% in the most recent quarter.
• Profitability Improvement:
  • Profit margins expanded to 4.9% (Q) vs. negative figures in prior years.
  • Free cash flow per share rose 239% over the past year.
• Analyst Upgrades & Earnings Beats:
  • EPS estimates for next year were revised 11% higher in the last three months.
  • The company beat EPS estimates in 3 of the last 4 quarters by an average of 34%.

Technical Analysis Summary

According to ChartMill’s technical report, CNVS scores a perfect 10/10 on technical strength, supported by:

• Strong uptrends across multiple timeframes.
• High relative strength vs. market peers.
• Support near $6.32, providing a potential entry zone.

While the setup rating (4/10) suggests some volatility, the long-term trend remains favorable for growth-focused investors.

Our High Growth Momentum + Trend Template screener lists more high-growth stocks with strong technical setups.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.