SUPER GROUP SGHC LTD (NYSE:SGHC) – A High-Growth Stock Meeting Minervini’s Trend Template

SUPER GROUP SGHC LTD (NYSE:SGHC) has been identified as a high-growth momentum stock that also meets Mark Minervini’s Trend Template criteria. The company, which operates global online sports betting and gaming platforms Betway and Spin, demonstrates strong technical and fundamental characteristics that align with both growth investing and Minervini’s trading strategy.

Why SGHC Fits Minervini’s Trend Template

Minervini’s Trend Template focuses on stocks exhibiting strong uptrends with specific technical criteria. SGHC meets these requirements:

• Price Above Key Moving Averages: SGHC is trading above its 50-day ($8.42), 150-day ($7.36), and 200-day ($6.50) moving averages, confirming a bullish trend.
• Upward-Sloping Moving Averages: The 150-day and 200-day MAs are trending upward, reinforcing long-term strength.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 98.21, SGHC outperforms nearly all other stocks in its sector.
• Price Near 52-Week High: At $9.78, SGHC is within 2% of its 52-week high ($9.96), a sign of strong momentum.
• Significant Price Appreciation: The stock is up 205% over the past year, well above the 30% threshold from its 52-week low ($2.91).

High-Growth Fundamentals

SGHC’s fundamentals support its high-growth momentum rating:

• Earnings Growth: EPS (TTM) grew 173% year-over-year, with recent quarterly EPS growth exceeding 670%.
• Revenue Growth: Revenue increased 24% (TTM), with recent quarterly sales up 36%.
• Profit Margins: The company’s profit margin improved to 11.4% in the latest quarter, up from 2.3% two quarters prior.
• Analyst Revisions: EPS and revenue estimates for next year have been revised upward by 10.7% and 9.5%, respectively, over the past three months.

Technical Outlook

According to ChartMill’s technical report, SGHC scores a perfect 10 in technical health, supported by strong trends across multiple timeframes. However, the setup rating is currently 3, indicating that while the stock is in a strong uptrend, it may need a consolidation phase before presenting an optimal entry point.

Key support levels to watch include:

• $9.24 (trendline support)
• $8.97–9.03 (moving average and trendline confluence)
• $8.66 (horizontal support)

For a full technical breakdown, review the detailed SGHC 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 article highlights observations at the time of writing, but investors should conduct their own analysis before making decisions.