By Mill Chart
Last update: Dec 4, 2025
The method used to find possible investment candidates joins a strict technical system with attention to fundamental growth momentum. This process is influenced by the ideas of famous trader Mark Minervini, who notes the need to invest in stocks that are both in strong, confirmed uptrends and supported by improving business basics. The initial step uses Minervini's Trend Template, a group of fixed technical rules meant to find stocks in a definite Stage 2 advance. The next step filters for a high Growth Momentum score, looking for firms showing outstanding and frequently increasing growth in earnings, sales, and profit. This two-part method tries to locate leading companies that have both the price momentum and the essential business energy to continue their advances.
HECLA MINING CO (NYSE:HL) offers a strong example of good technical condition, clearly meeting the rules of the Minervini Trend Template. The template's main aim is to confirm a stock is in a verified, long-term uptrend with matching momentum over different periods, thus removing weak or corrective formations.
A review of HL's chart and main measures shows a stock performing well on all technical points:
While a strong chart is important, the Minervini view states that the largest stock market successes are nearly always backed by notable fundamental improvement. This is where the High Growth Momentum (HGM) filter is used, and HL's recent financial results supply the needed reason.
The firm is showing fast growth across main profit and sales measures:
This mix of rising earnings, improving margins, and good sales growth confirms the price increase, indicating the advance is based on a base of real business progress instead of only speculation.
According to ChartMill's own analysis, HL receives a full Technical Rating of 10 out of 10, showing "a consistent performance in both the short and longer term time frames." The report states the long and short-term trends are both positive and that HL is a notable performer, doing better than 92% of its group in the Metals & Mining industry.
However, the analysis also gives an important note of care for possible buyers. The Setup Quality rating is now a 3, leading to the summary: "Although HL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point."
This shows a main part of the method: finding a strong stock is only the first step. The second, equally important step is waiting for a lower-risk entry point, often described by a volatility contraction pattern (VCP) or a retreat to a logical support area. The report finds possible support areas near $13.87 and $12.70, which may become important if the stock stabilizes its recent fast gains.
For a full review of the support levels, trend analysis, and complete technical notes, you can see the complete technical report for HL.
HL shows the kind of candidate that appears when looking for both strong trends and fast fundamental growth. For investors wanting to use this two-rule process to find other possible leaders, the search process that found HL can be repeated. You can find more stocks that meet this mix of Minervini's Trend Template and High Growth Momentum rules by using this set search.
Disclaimer: This article is for information and learning only. It is not meant as investment advice, a suggestion, or an offer to buy or sell any security. The analysis is based on given data and shows the author's understanding. Investors should do their own complete research, think about their personal money situation, and talk with a qualified financial advisor before making any investment choices. Past results do not show future outcomes.