XERIS BIOPHARMA HOLDINGS INC (NASDAQ:XERS) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company’s technical strength, combined with accelerating fundamentals, makes it a candidate worth examining for growth-oriented investors.
Why XERS Fits the Minervini Trend Template
Minervini’s strategy focuses on stocks exhibiting strong uptrends with improving fundamentals. XERS meets these criteria:
Price Above Key Moving Averages: The stock trades at $4.75, well above its 50-day ($4.66), 150-day ($4.17), and 200-day ($3.89) moving averages.
Upward-Trending Averages: The 50-day, 150-day, and 200-day MAs are all rising, confirming sustained momentum.
Relative Strength: With a ChartMill Relative Strength score of 93.95, XERS outperforms 94% of stocks.
Price Performance: The stock is up 125% over the past year and remains within 25% of its 52-week high ($6.07).