Amkor Technology (NASDAQ:AMKR) has emerged from a screen designed to identify stocks that combine strong technical trends with solid earnings momentum. The screening process applies two distinct layers. First, the stock must satisfy the technical conditions of the Mark Minervini Trend Template, a systematic checklist that ensures a stock is in a confirmed uptrend with aligned moving averages and strong relative strength. Second, the stock must carry a ChartMill High Growth Momentum (HGM) rating of at least 4 out of 10, which flags companies with accelerating sales, rising earnings, and improving profitability. This dual filter seeks to locate stocks that are not only moving higher on the chart but also backed by the fundamental fuel that historically drives sustained outperformance.
Why Amkor Technology Fits the Minervini Trend Template
At its core, Minervini’s method insists that a stock must be in a clear Stage 2 uptrend before any purchase is considered. Amkor Technology passes every one of those baseline conditions. The current price of $90.46 sits well above its 50-day moving average of $71.65, its 150-day moving average of $53.73, and its 200-day moving average of $47.81. All three of those averages are rising, confirming that the trend is solid across multiple time frames. The 50-day average is above both the 150- and 200-day averages, and the 150-day average is above the 200-day average – a textbook alignment that Minervini demands.
The 52-week range further supports the case. The stock trades at $90.46, which is more than 350% above its 52-week low of $19.84 and within roughly 6.5% of its 52-week high of $96.68. Minervini requires a stock to be at least 30% above its low and within 25% of its high; Amkor beats both thresholds. The ChartMill Relative Strength reading of 98.61 – meaning this stock outperforms 98.6% of all stocks in the database – meets the Trend Template’s demand for an RS score well north of 70. In Minervini’s framework, such extreme relative strength is a hallmark of market leadership and a sign that institutional money is accumulating the shares.
High Growth Momentum: The Fundamental Engine
While technical strength shows where a stock is going, the High Growth Momentum rating confirms why it can keep going. Amkor Technology carries an HGM rating of at least 6 out of 10, reflecting accelerating earnings and sales growth that meets the standards of high-growth investors.
Earnings per share (TTM) stands at $1.75, up 36.7% compared to the same period last year. The most recent quarter’s EPS growth of 266.7% year-over-year represents a remarkable acceleration from the prior quarter’s 60.5% growth and the quarter before that’s 4.1% growth. This pattern of sequential acceleration is exactly what Minervini and growth investors look for: it signals that the company’s profit momentum is building, not fading. The company has beaten analyst EPS estimates in each of the last four quarters, with an average beat of 31.1%, another sign of underlying operational strength.
Revenue growth mirrors the same upward trajectory. TTM revenue is up 12.7% over the prior year, but the most recent quarter surged 27.5% year-over-year – a clear acceleration from the previous quarter’s 15.9% growth and the 6.7% growth two quarters ago. Analysts expect next quarter’s revenue to grow another 22%. That kind of sustained sales acceleration, combined with 18.7% upward revision in next year’s EPS estimates over the last three months, gives fundamental support to the technical picture.
Technical Assessment in Brief
Despite the excellent technical rating of 10 out of 10 – reflecting a perfect score on trend, relative strength, and volume characteristics – the setup quality score is only 3 out of 10. This is a crucial distinction for Minervini followers. The stock has appreciated 32% in the last month alone, which has pushed it somewhat extended from its moving averages. The technical report notes that “prices have been rising strongly lately” and suggests it may be wise to wait for a consolidation or pullback before considering any entry. The primary support zone sits between $69.31 and $69.49, formed by a combination of trend lines and moving averages. For those already holding or willing to be patient, the stock’s long-term trend remains firmly positive, with the S&P500’s positive long- and short-term trends providing a supportive backdrop.
Further Analysis
The full technical report provides a deeper breakdown of moving average alignments, support levels, and volume patterns. It is available here: Amkor Technology Technical Analysis Report.
To explore additional stocks that combine Minervini Trend Template conditions with high growth momentum fundamentals, you can run the same screen used for this analysis. Click here to see the latest results: High Growth Momentum + Trend Template Screen.
Disclaimer: This article is for informational and educational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Always conduct your own research and consider your financial situation before making trading decisions.
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Amkor Technology (NASDAQ:AMKR) Meets Minervini Trend Template and High Growth Momentum Screen
Amkor Technology (NASDAQ:AMKR) has emerged from a screen designed to identify stocks that combine strong technical trends with solid earnings momentum. The screening process applies two distinct layers. First, the stock must satisfy the technical conditions of the Mark Minervini Trend Template, a systematic checklist that ensures a stock is in a confirmed uptrend with aligned moving averages and strong relative strength. Second, the stock must carry a ChartMill High Growth Momentum (HGM) rating of at least 4 out of 10, which flags companies with accelerating sales, rising earnings, and improving profitability. This dual filter seeks to locate stocks that are not only moving higher on the chart but also backed by the fundamental fuel that historically drives sustained outperformance.
Why Amkor Technology Fits the Minervini Trend Template
At its core, Minervini’s method insists that a stock must be in a clear Stage 2 uptrend before any purchase is considered. Amkor Technology passes every one of those baseline conditions. The current price of $90.46 sits well above its 50-day moving average of $71.65, its 150-day moving average of $53.73, and its 200-day moving average of $47.81. All three of those averages are rising, confirming that the trend is solid across multiple time frames. The 50-day average is above both the 150- and 200-day averages, and the 150-day average is above the 200-day average – a textbook alignment that Minervini demands.
The 52-week range further supports the case. The stock trades at $90.46, which is more than 350% above its 52-week low of $19.84 and within roughly 6.5% of its 52-week high of $96.68. Minervini requires a stock to be at least 30% above its low and within 25% of its high; Amkor beats both thresholds. The ChartMill Relative Strength reading of 98.61 – meaning this stock outperforms 98.6% of all stocks in the database – meets the Trend Template’s demand for an RS score well north of 70. In Minervini’s framework, such extreme relative strength is a hallmark of market leadership and a sign that institutional money is accumulating the shares.
High Growth Momentum: The Fundamental Engine
While technical strength shows where a stock is going, the High Growth Momentum rating confirms why it can keep going. Amkor Technology carries an HGM rating of at least 6 out of 10, reflecting accelerating earnings and sales growth that meets the standards of high-growth investors.
Earnings per share (TTM) stands at $1.75, up 36.7% compared to the same period last year. The most recent quarter’s EPS growth of 266.7% year-over-year represents a remarkable acceleration from the prior quarter’s 60.5% growth and the quarter before that’s 4.1% growth. This pattern of sequential acceleration is exactly what Minervini and growth investors look for: it signals that the company’s profit momentum is building, not fading. The company has beaten analyst EPS estimates in each of the last four quarters, with an average beat of 31.1%, another sign of underlying operational strength.
Revenue growth mirrors the same upward trajectory. TTM revenue is up 12.7% over the prior year, but the most recent quarter surged 27.5% year-over-year – a clear acceleration from the previous quarter’s 15.9% growth and the 6.7% growth two quarters ago. Analysts expect next quarter’s revenue to grow another 22%. That kind of sustained sales acceleration, combined with 18.7% upward revision in next year’s EPS estimates over the last three months, gives fundamental support to the technical picture.
Technical Assessment in Brief
Despite the excellent technical rating of 10 out of 10 – reflecting a perfect score on trend, relative strength, and volume characteristics – the setup quality score is only 3 out of 10. This is a crucial distinction for Minervini followers. The stock has appreciated 32% in the last month alone, which has pushed it somewhat extended from its moving averages. The technical report notes that “prices have been rising strongly lately” and suggests it may be wise to wait for a consolidation or pullback before considering any entry. The primary support zone sits between $69.31 and $69.49, formed by a combination of trend lines and moving averages. For those already holding or willing to be patient, the stock’s long-term trend remains firmly positive, with the S&P500’s positive long- and short-term trends providing a supportive backdrop.
Further Analysis
The full technical report provides a deeper breakdown of moving average alignments, support levels, and volume patterns. It is available here: Amkor Technology Technical Analysis Report.
To explore additional stocks that combine Minervini Trend Template conditions with high growth momentum fundamentals, you can run the same screen used for this analysis. Click here to see the latest results: High Growth Momentum + Trend Template Screen.
Disclaimer: This article is for informational and educational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Always conduct your own research and consider your financial situation before making trading decisions.
Read full article here »