METALPHA TECHNOLOGY HOLDING (NASDAQ:MATH) – A High-Growth Stock Meeting Minervini’s Trend Template

METALPHA TECHNOLOGY HOLDING (NASDAQ:MATH) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template criteria. The company, which operates a reward-based crowdfunding platform and provides financial services, has shown strong technical and fundamental characteristics that make it worth a closer look for growth-oriented investors.

Why MATH Fits the Minervini Trend Template

Minervini’s strategy focuses on stocks exhibiting strong uptrends, supported by price action, moving averages, and relative strength. Here’s how MATH meets these criteria:

• Price Above Key Moving Averages:

  • Current price ($3.35) is above the 50-day SMA ($3.12), 150-day SMA ($2.13), and 200-day SMA ($1.88).
  • The 200-day SMA is trending upward, confirming a long-term bullish trend.

• Relative Strength:

  • MATH has a ChartMill Relative Strength (CRS) score of 97.82, meaning it outperforms nearly 98% of all stocks.

• Price Performance vs. 52-Week Range:

  • The stock is trading 318% above its 52-week low ($0.80) and within 20% of its 52-week high ($4.17).

• SMA Alignment:

  • The 50-day SMA is above both the 150-day and 200-day SMAs, reinforcing bullish momentum.

High Growth Fundamentals

Beyond technical strength, MATH displays strong growth metrics:

• Earnings Growth:

  • EPS (TTM) grew 124% YoY, with recent quarterly EPS up 235% compared to the same quarter last year.
  • Full-year EPS growth was 86% in the last fiscal year.

• Revenue Growth:

  • Revenue (TTM) surged 390% YoY, with the latest quarter showing 288% growth.
  • Full-year revenue growth was 195% in the last fiscal year.

• Profit Margins:

  • The latest quarter’s profit margin was 30.65%, a significant improvement from prior periods.

Technical Outlook

ChartMill’s technical report assigns MATH a rating of 8/10, citing strong long-term momentum despite recent consolidation. Key observations:

• Support Levels: Strong support at $3.34, $2.95, and $1.95-$1.98.
• Resistance: Near-term resistance at $3.75-$3.80. A breakout above this level could signal further upside.
• Setup Quality: The stock scores 7/10 for setup quality, indicating a potential entry point if it breaks past resistance.

For a full technical breakdown, review the ChartMill Technical Report.

Our High Growth Momentum + Trend Template Screener lists more high-growth stocks that meet Minervini’s criteria.

Disclaimer

This is not investment advice. The analysis is based on observations at the time of writing. Always conduct your own research before making investment decisions.