QIFU TECHNOLOGY INC (NASDAQ:QFIN) – A High Growth Momentum Stock with Strong Technical Setup

QIFU TECHNOLOGY INC (NASDAQ:QFIN) stands out as a high-growth momentum candidate with a solid technical setup, making it an interesting prospect for investors seeking both earnings momentum and favorable chart patterns.

Growth Momentum Highlights

• Strong Earnings Growth: QFIN reported a 57% year-over-year increase in EPS (TTM), with recent quarterly EPS growth exceeding 90%.
• Consistent Profit Margins: The company’s profit margin expanded to 42.76% in the latest quarter, up from 28.03% a year ago.
• Positive Revisions & Surprises: Analysts have raised next-year EPS estimates by 10.27% over the past three months, and QFIN has beaten EPS estimates in all of the last four quarters by an average of 14.86%.
• Free Cash Flow Growth: FCF per share grew by 30.79% over the past year, reinforcing financial strength.

Technical Strength & Setup

• Perfect Technical Rating (10/10): QFIN is in a strong uptrend, outperforming 96% of stocks over the past year and 92% of its Consumer Finance peers.
• Consolidation Pattern (Setup Rating: 7/10): The stock has been trading in a range between $34.92 and $47.00, with recent price action near the upper end, suggesting potential for a breakout.
• Support & Resistance: Key support lies at $41.85-$42.55, while resistance is noted at $44.38. A move above this level could signal further upside.

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

Our High Growth Momentum Breakout Setups Screen lists more stocks with similar characteristics and is updated daily.

Disclaimer

This is not investment advice. The observations here are based on data at the time of writing, and investors should conduct their own analysis before making decisions.