By Mill Chart
Last update: Nov 27, 2023
In this article we will dive into SHIFT4 PAYMENTS INC-CLASS A (NYSE:FOUR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed SHIFT4 PAYMENTS INC-CLASS A showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.
To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:FOUR has achieved a 8 out of 10:
A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:FOUR has received a 6 out of 10:
Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:FOUR has achieved a 5:
Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:FOUR currently holds a 7 as its setup rating, suggesting a particular level of consolidation in the stock.
Besides having an excellent technical rating, FOUR 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 resistance zone just above the current price starting at 64.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.79, a Stop Loss order could be placed below this zone.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of FOUR contains the most current fundamental analsysis.
Our latest full technical report of FOUR contains the most current technical analsysis.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
SHIFT4 PAYMENTS INC-CLASS A
NYSE:FOUR (2/22/2024, 12:19:43 PM)
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SHIFT4 PAYMENTS INC-CLASS A (NYSE:FOUR) qualifies as a high growth stock and is consolidating.
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