MONDAY.COM LTD (NASDAQ:MNDY) – A High-Growth Momentum Stock with Strong Technical Setup

MONDAY.COM LTD (NASDAQ:MNDY) stands out as a high-growth momentum candidate with a favorable technical setup. The company, which provides a cloud-based work operating system, has demonstrated strong earnings and revenue growth while maintaining a solid technical structure.

Growth Momentum Highlights

• Earnings Growth: MNDY reported an 89.1% EPS growth in its last fiscal year, with TTM growth at 71.9%. Recent quarterly EPS growth remains strong at 80.3%.
• Revenue Expansion: Sales grew 33.2% over the past year, with consistent quarterly growth above 30%.
• Profit Margins: The company’s profit margin improved to 9.7% in the latest quarter, up from 6.1% a year earlier.
• Free Cash Flow: FCF per share surged 397.4% year-over-year, reflecting strong operational efficiency.
• Analyst Confidence: EPS estimates for the next year have been revised upward by 11.1% over the past three months.

Technical Strength & Setup

MNDY’s technical profile reinforces its growth story:

• Technical Rating (8/10): The stock is in a long-term uptrend, outperforming 85% of the market over the past year.
• Setup Quality (8/10): Prices have consolidated between $274 and $312, presenting a potential breakout opportunity.
• Support & Resistance: Key support lies near $283, while resistance starts at $303. A breakout above $306 could signal further upside.

For a deeper technical breakdown, review the full technical report.

Our High Growth Momentum Breakout Setups Screen lists more stocks with similar characteristics.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.