VIAVI SOLUTIONS INC (NASDAQ:VIAV) Passes High-Growth Momentum and Minervini Trend Screen

VIAVI SOLUTIONS INC (NASDAQ:VIAV) has recently appeared through a screening method that joins Mark Minervini's strict Trend Template with a High Growth Momentum (HGM) filter. This two-part process aims to find companies that are not only in strong technical uptrends but also show the fundamental earnings and sales growth typical of high-growth firms. The method favors stocks showing better relative strength, moving averages in order, and closeness to new highs, all while confirming the basic business is seeing major operational progress.

A Firm Technical Base from the Trend Template

The main part of the Minervini method is the Trend Template, a group of fixed technical rules made to filter for stocks in a confirmed Stage 2 uptrend. VIAV currently meets these rules, placing it as a technically good candidate.

The stock's price movement and moving averages are in clear positive order, a main need for the Trend Template which makes sure all timeframes are moving together upward. This setup points to continued buying interest and a small chance of the stock being in a resting or falling stage.

Further supporting its technical condition, VIAV's price is situated well above its 52-week low and near its high. This fits with the Minervini idea of concentrating on strength instead of weakness; stocks close to their highs frequently have the force to keep their rise.

Finally, the stock has a ChartMill Relative Strength (CRS) rating of 95.42, meaning it is doing better than 95% of all stocks in the market. Minervini regularly states that market leaders show high relative strength, as it points to institutional buying and better performance compared to the wider market.

Notable High-Growth Momentum

Beyond a clean chart, the method needs strong fundamental growth. VIAV's High Growth Momentum rating of at least 4 is backed by outstanding earnings and sales growth numbers.

The company is showing strong earnings progress, a key feature Minervini searches for as it frequently draws institutional attention. This trend of major earnings beats indicates the company is regularly surpassing estimates, a sign of possible high performers.

Revenue growth is also increasing noticeably. Firm and quickening sales growth supplies the fundamental energy for a continued price increase, signaling growing market presence or successful product use.

Analysts are observing this good direction. Such upward changes are a strong catalyst, as they show increasing belief in the company's future outlook and can lead to re-evaluations from the investment world.

Technical Condition and Present Situation

The full technical report for VIAV gives it a top rating of 10 out of 10, reflecting very good health across short and long-term timeframes. The stock is in a confirmed uptrend, trading easily above all main moving averages which are themselves angled upward. It shows better performance compared to both the whole market and its industry group.

While the technical base is very firm, the report mentions that the present setup rating is lower because of the stock's recent extended price movement. For investors following a strict Minervini entry method, this implies that the best low-risk entry chance may not be currently available, and waiting for a constructive pause or move back toward support may be a good idea. A complete study of support points and the overall technical view is available in the full VIAV technical report.

Conclusion

VIAVI SOLUTIONS INC presents a strong case for investors using a growth-and-momentum method. It successfully meets the strict technical filters of the Minervini Trend Template, confirming a firm uptrend, while its fundamental profile shows the type of fast earnings and sales growth that pushes major stock market successes. The mix of a top technical rating and high-growth momentum makes VIAV a stock worth further watching for possible entry chances on market moves back.

For investors looking for more chances that fit this strict growth and momentum profile, you can examine the live screen used to find VIAV and other qualifying stocks: High Growth Momentum + Trend Template Screen.

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