Why the high growth investor may take a look at WELLTOWER INC (NYSE:WELL).

Our stock screener has detected a potential breakout setup on WELLTOWER INC (NYSE:WELL). This breakout pattern is observed when a stock consolidates following a strong upward movement. It's important to note that this pattern is based on technical analysis, and the actual breakout outcome is uncertain. However, it might be worth keeping an eye on NYSE:WELL.

In-Depth Technical Analysis of WELL

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, WELL scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

• The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• When comparing the yearly performance of all stocks, we notice that WELL is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, WELL also shows a nice and consistent pattern of rising prices.
• WELL is part of the Diversified REITs industry. There are 130 other stocks in this industry. WELL outperforms 96% of them.
• WELL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so WELL slightly outperforms the market at the moment.
• In the last month WELL has a been trading in the 130.29 - 157.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of WELL contains the most current technical analsysis.

Looking at the Setup

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. WELL currently has a 7 as setup rating:

WELL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 136.48, a Stop Loss order could be placed below this zone.

ChartMill's Evaluation of Growth

Every stock receives a High Growth Momentum Rating (HGM) from ChartMill, ranging from 0 to 10. This rating assesses various growth and profitability aspects, including historical and projected EPS and revenue growth. WELL boasts a 6 out of 10:

Explosive Earnings Growth

• The earnings per share (EPS) of WELL have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 26.67% increase. This reflects the company's ability to improve its profitability over time.
• The 1-year EPS growth of WELL (144.0%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• The EPS of WELL has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With consistent quarter-to-quarter (Q2Q) revenue growth of 28.64%, WELL exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• Accelerating Sales growth for WELL: the current Q2Q growth of 28.64% exceeds the previous quarter Q2Q growth of 23.69%.
• Sales growth accelerated for 2 quarters in a row.
• With impressive 1-year revenue growth of 20.38%, WELL showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.

Financial Strength & Profitability

• With positive growth in its profit margin over the past year, WELL showcases its ability to improve profitability.
• The free cash flow (FCF) of WELL has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• WELL has a Debt/Equity ratio of 0.49, indicating a balanced approach to financing growth.

Strong Market Performance

• The Relative Strength (RS) of WELL has consistently been strong, with a current 95.43 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.