By Mill Chart
Last update: Feb 16, 2024
Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether DOUBLEVERIFY HOLDINGS INC (NYSE:DV) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but DOUBLEVERIFY HOLDINGS INC has surfaced on our radar for growth with base formation, warranting further examination.
ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NYSE:DV, the assigned 9 reflects its growth potential:
ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:DV, the assigned 8 for health provides valuable insights:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:DV has earned a 8 out of 10:
ChartMill takes into account not only the Technical Rating but also assigns a Setup Rating to each stock. This rating, on a scale of 0 to 10, reflects the degree of consolidation observed based on short-term technical indicators. Currently, NYSE:DV exhibits a 7 setup rating, indicating its consolidation status in recent days and weeks.
Besides having an excellent technical rating, DV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.61, a Stop Loss order could be placed below this zone.
Our Strong Growth screener lists more Strong Growth stocks and is updated daily.
Our latest full fundamental report of DV contains the most current fundamental analsysis.
Our latest full technical report of DV contains the most current technical analsysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
DOUBLEVERIFY HOLDINGS INC
NYSE:DV (4/19/2024, 3:02:49 PM)
After market: 29.43 0 (0%)29.43
-0.71 (-2.36%)
Is DOUBLEVERIFY HOLDINGS INC (NYSE:DV) on the Verge of a Major Breakout as a Strong Growth Stock?
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