DUOS TECHNOLOGIES GROUP INC (NASDAQ:DUOT) Meets Mark Minervini's High-Growth Momentum Screen Criteria

DUOS TECHNOLOGIES GROUP INC (NASDAQ:DUOT) has recently appeared on a specialized screen made to find stocks that fit Mark Minervini's high-growth momentum strategy. This method uses strict technical analysis, through the Minervini Trend Template, with a concentration on companies showing solid fundamental growth traits. The aim is to find securities that are both in strong uptrends and have the support of improving business fundamentals, a pairing that has been a characteristic of significant market winners in the past.

Meeting the Minervini Trend Template

The Minervini Trend Template is a fundamental part of the strategy, confirming a stock is in a definite, continuing uptrend before it is considered. It screens for stocks showing strength over several time periods. DUOT currently meets the main technical requirements, which is important for bypassing stocks in consolidation or falling stages and concentrating only on those with established upward momentum.

Key technical agreements for DUOT include:

• The present price of $7.51 is higher than its important long-term moving averages (150-day and 200-day), showing positive long-term momentum.
• The 50-day moving average ($6.98) is higher than both the 150-day ($6.80) and 200-day ($6.62) averages, a positive setup indicating agreement across short and long-term trends.
• Starting from a 52-week low of $2.79, the present price is about 169% higher than that point, well beyond the template's need to be at least 30% above the low. This shows a major recovery and strength.
• The stock's relative strength ranking of 95.38 shows it is performing better than 95% of all stocks in the market, a main belief of Minervini's philosophy to invest in market leaders.

Fundamentals Supporting High Growth Momentum

In addition to a solid chart, the strategy requires proof of fundamental improvement. The "High Growth Momentum" rating assesses elements such as earnings and sales growth, which are frequently the reasons for strong price trends. DUOT shows several notable fundamental metrics that point to underlying business momentum.

Recent quarterly performance emphasizes this improvement:

• Very High Sales Growth: The company's latest quarter displayed a sales growth of 279.74% versus the same quarter last year. The quarter before also reported a very high 362.52% growth. This kind of major revenue increase is a primary reason for investor interest and can be a significant catalyst.
• Getting Better Earnings Path: Although the company is not yet profitable on a trailing twelve-month (TTM) EPS basis, the direction is getting better noticeably. The EPS growth for the most recent quarter was 30.23%, a large improvement over the 6.82% growth noted two quarters earlier.
• Positive Earnings Surprises: DUOT has exceeded analyst EPS predictions in two of the past four quarters, creating positive momentum and frequently resulting in higher revisions for future estimates.

Technical Health and Setup Summary

An examination of the technical analysis report for DUOT gives more evidence of its strength. The stock receives a high technical score of 9 out of 10, indicating very good technical health. The report states that both short-term and long-term trends are positive, and the stock is trading in the high part of its 52-week range. Also, the analysis sees a bull flag pattern, which can offer a possible entry point during a continuing uptrend as the stock pauses after recent increases.

A Candidate for Further Analysis

DUOS TECHNOLOGIES GROUP INC presents a situation that fits the ideas of trend-following and growth investing. It satisfies the strict technical screens of the Minervini Trend Template, indicating a solid price trend is established. At the same time, its very high recent sales growth and improving earnings path give a fundamental story that might support more price increases. For investors screening for high-growth momentum possibilities, DUOT justifies more detailed study.

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For investors wanting to find other stocks that match this particular strategy, you can see more outcomes by using the High Growth Momentum + Trend Template screen on your own.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice of any kind. The information provided should not be used as the sole basis for making any investment decision. Always conduct your own due diligence and consult with a qualified financial advisor before trading.