The "High Growth Momentum + Trend Template" screen joins Mark Minervini's strict technical system with fundamental growth measures to find stocks set for possible strong results. This method centers on securities showing solid upward movements via Minervini's Trend Template rules while also displaying quickening business basics that interest growth-focused investors. By sorting for both technical health and fundamental speed, this process aims to find stocks that not only display positive chart formations but also have backing from corporate growth.
Technical Health: Fitting the Trend Template
ST JOE CO/THE (NYSE:JOE) shows good fit with Minervini's Trend Template, which is made to find stocks in clear upward movements. The template's rules make sure chosen securities show continued upward movement across different time periods, raising the chance of further price gains.
Important technical rules and JOE's present condition:
- Price above important moving averages: The stock trades at $55.71, well above its 50-day ($52.16), 150-day ($49.23), and 200-day ($48.38) moving averages
- Rising moving averages: All main moving averages are moving up, with the 200-day SMA increasing from $48.34 to $48.38
- Correct moving average order: The 50-day SMA sits above both the 150-day and 200-day SMAs, confirming the positive structure
- Nearness to 52-week high: At $55.71, JOE trades within 8.7% of its 52-week high of $61.00 while holding a 38.6% premium to its 52-week low of $40.19
- Solid relative strength: With a ChartMill Relative Strength reading of 79.52, JOE does better than almost 80% of all stocks
This technical arrangement is important within the Minervini system because it finds stocks already in clear upward movements instead of trying to guess turning points. The method stresses buying strength rather than looking for lows, which matches the historical pattern of strong stocks to keep moving up.
Growth Speed Fundamentals
Beyond technical health, JOE displays positive growth traits that meet the High Growth Momentum rules. The company's recent financial results show quickening across important measures that often come before continued price gains.
Notable fundamental positives:
- Strong quarterly EPS growth: Most recent quarter EPS jumped 131.9% year-over-year, with the prior three quarters showing growth of 21.0%, 25.7%, and 43.4% in order
- Good revenue increase: Quarterly revenue growth quickened to 62.7% in the most recent period, much better than the 15.7%, 7.3%, and 20.3% growth rates of earlier quarters
- Getting better profitability: Profit margins have grown in sequence from 18.1% to 24.0% over the last four quarters, showing gains in operational efficiency
- Solid cash flow production: Free cash flow per share of $2.94 shows 67.4% year-over-year growth, giving financial room for continued expansion
These fundamental gains are key within the Minervini plan because they often act as triggers that bring institutional interest and continued price movement. The mix of quickening earnings, growing margins, and good revenue growth forms a solid base for continued stock results.
Business Outline and Market Standing
ST JOE Company works as a real estate development and asset management company with large land holdings across Northwest Florida. The company's different parts, including residential community development, hospitality operations, and commercial properties, place it to gain from ongoing area growth. With 167,000 acres of land in its holdings, the company has important assets that can be turned into money through planned development.
The company's present projects cover several communities including Watersound Origins West, Watersound Camp Creek, and Breakfast Point East, giving a supply of future income streams. The hospitality part, with golf courses and club features, adds to the residential developments and makes extra value through repeating income sources.
Technical Review Summary
According to ChartMill's technical study report, JOE gets a solid technical rating of 8 out of 10, reflecting its good placement across different time periods. Both short-term and long-term movements are called positive, with the stock trading in the higher part of its 52-week range. The study finds several support levels between $47.97 and $55.70, giving possible downside protection, while resistance sits in the $57.81 to $60.43 range. Although the setup quality rating of 4 suggests present price action may be too changeable for perfect entry points, the basic technical condition remains good.
View the complete technical analysis report for JOE
Investment Points
For investors using the Minervini method, JOE offers an interesting case of a stock fitting both technical and fundamental rules for possible growth leadership. The solid trend template fit suggests institutional backing, while the quickening fundamentals give the trigger for continued gains. The real estate development business model gives contact to area economic growth, especially in the growing Northwest Florida market.
Traders using this plan would usually search for consolidation formations or volatility decreases within the clear upward movement to find the best entry points. Correct position size and risk control stay necessary, as even strongly moving stocks can have occasional declines.
Finding Like Possibilities
Find more High Growth Momentum stocks fitting the Minervini Trend Template rules
Disclaimer: This analysis is for informational and educational purposes only and does not constitute investment advice. All investment decisions involve risk, including possible loss of principal. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
