WHEATON PRECIOUS METALS CORP (NYSE:WPM) Shows Strong Growth Momentum and Technical Setup for a Breakout

Investors looking for high-growth momentum opportunities often search for companies showing solid earnings acceleration, positive analyst revisions, and increasing profit margins. The ChartMill High Growth Momentum Rating methodically assesses these elements, merging quarterly performance, growth acceleration, and forward estimates into one score. When this fundamental strength is matched with solid technical indicators, specifically a high Technical Rating signaling upward momentum and a strong Setup Rating indicating consolidation patterns, it forms a persuasive investment thesis. This joint method helps find securities set for possible breakouts based on both business performance and chart patterns.

Fundamental Growth Momentum

WHEATON PRECIOUS METALS CORP (NYSE:WPM) displays notable growth characteristics that add to its High Growth Momentum Rating of 7. The company shows marked acceleration in both earnings and revenue, with special strength in recent quarterly performance:

• Quarterly EPS growth of 91.2% year-over-year in the most recent quarter, speeding up from 52.9% in the previous quarter
• Revenue growth of 68.2% in the latest quarter, improving on 58.5% growth in the prior period
• Trailing twelve-month EPS growth of 48.1% and revenue growth of 46.8%
• Free cash flow per share growth of 68.8% over the past year

The company has shown steady earnings surprises, exceeding EPS estimates in three of the last four quarters by an average of 4.5%. Analyst sentiment stays positive, with next-year EPS estimates adjusted upward by 15.8% over the past three months. These elements together add to a solid growth momentum profile, important for finding companies with speeding up business fundamentals rather than just past growth.

Technical Strength and Setup Quality

The technical view for WHEATON PRECIOUS METALS CORP seems equally persuasive, with a Technical Rating of 9 out of 10. According to the detailed technical analysis, the stock shows steady performance across both short and long-term timeframes while doing better than 90% of all stocks in the market on a yearly performance basis. Key technical observations include:

• The stock is trading near its 52-week high of $114.01, reflecting solid momentum
• All major moving averages (20, 50, 100, and 200-day) are moving upward
• Relative strength rating of 90.53 shows considerable market outperformance
• Four established support zones offer multiple levels of possible price floor

The Setup Rating of 8 points to a consolidation pattern that may offer an entry chance. Prices have been trading between $102.50 and $114.00 over the past month, with current levels in the middle of this range. The technical analysis finds little resistance above current prices, while support is present at $105.45, forming a good risk-reward profile for possible breakout traders.

Combined Investment Thesis

The meeting of solid fundamental growth momentum and technical consolidation forms a persuasive case for WHEATON PRECIOUS METALS CORP. The company's speeding up earnings and revenue growth, paired with positive analyst revisions, meet the central needs for high-growth momentum investing. At the same time, the technical structure gives a clear plan for entry and risk management, with set support levels and limited overhead resistance.

This pairing covers both parts of successful momentum investing: fundamental business acceleration and technical price structure. The streaming business model gives exposure to precious metals without direct mining operational risks, while the varied portfolio of 35 streaming agreements across operating mines and development projects provides growth visibility.

For investors searching for similar opportunities that pair solid growth fundamentals with technical breakout setups, more screening results are accessible through the High Growth Momentum Breakout Setups Screen. This screen methodically finds securities meeting the standards of High Growth Momentum Rating above 6, Technical Rating above 7, and Setup Rating above 7.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. The author has no position in WPM. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Past performance does not guarantee future results.