The screen used to find Jerash Holdings (US) Inc. (NASDAQ:JRSH) is designed to marry two strong stock-picking approaches: Mark Minervini’s Trend Template and a High Growth Momentum filter. The Trend Template ensures a stock is in a well-defined uptrend with aligned moving averages and strong relative strength, while the High Growth Momentum component verifies that the company’s earnings and revenue growth support the price action. For growth investors, this combination is critical because it helps identify stocks that are not only technically strong but also have the underlying fundamentals to sustain that strength.
Trend Template Compliance: Technical Strength
Jerash Holdings passes the Trend Template criteria with room to spare. The stock currently trades at $4.45, well above its rising 50-day SMA ($3.70), 150-day SMA ($3.30), and 200-day SMA ($3.29). All three moving averages are trending upward, with the 50-day clearly positioned above the longer-term averages—a classic bullish alignment that Minervini emphasizes as a sign of institutional accumulation.
The price also sits 56% above its 52-week low of $2.85 and is within 19% of its 52-week high of $5.47, meeting the template’s requirement that the stock be neither too far from its low nor too extended from its high. With a ChartMill Relative Strength score of 89.27, the stock outperforms nearly 90% of the entire market, highlighting its momentum quality.
From a technical health perspective, the ChartMill Technical Rating for JRSH is a strong 9 out of 10. This rating captures the stock’s solid long and short-term trends, favorable moving average structure, and relative strength versus the broader market.
High Growth Fundamentals: Earnings and Revenue Acceleration
For growth investors, the Trend Template is only half the story. Jerash Holdings delivers on the fundamental front with impressive earnings growth. The company’s EPS over the trailing twelve months has surged by 500% year-over-year. Looking at the most recent quarter compared to the same quarter last year, EPS growth accelerated to an eye-popping 1,300%. This kind of sequential acceleration—from a negative quarter to the current explosion—is exactly the pattern Minervini looks for: improving and accelerating earnings surprises that attract institutional buyers.
Revenue growth also tells a positive tale. Trailing twelve-month revenue has grown by 14%, and the most recent quarter saw a 46.7% jump in sales versus the same period last year. The company has beaten earnings estimates in two of the last four quarters, and the average beat percentage of 426% suggests results are consistently exceeding expectations.
Profit margins are improving as well, moving from 0.8% three quarters ago to 3.7% in the latest quarter. Rising margins alongside accelerating revenue points to operational leverage and increasing pricing power—two qualities Minervini highlights as hallmarks of super-performance stocks.
Analyst Views and Revision Trends
Analyst sentiment is supportive of the growth narrative. Next-year earnings estimates have remained steady over the past three months, while next-year revenue estimates have been revised upward by 5.2%. The projected EPS growth for the next quarter is estimated at 223%, signaling the market expects this acceleration to continue. While the sample size of revisions is small, the direction is clearly positive and aligns with the stock’s technical strength.
What the Technical Report Says About the Setup
The ChartMill technical analysis rates JRSH’s overall technical rating at 9/10, but notes that the setup quality is currently 4/10. The stock has been trading in a wide range recently (between $3.28 and $5.47 in the last month), and it currently sits in the middle of that range. This means that while the trend is undeniably strong, the price action is not yet forming a tight consolidation pattern that would offer a clean entry point with well-defined risk. The report advises waiting for a pullback or a tighter trading range before establishing a position. For a deeper breakdown of the technical indicators, refer to the full technical analysis report.
Bottom Line
Jerash Holdings checks the boxes for both Minervini Trend Template rules and high-growth momentum criteria. The moving average alignment, strong relative strength, and explosive earnings acceleration all point to a stock that could be early in a longer-term uptrend. The technical rating is nearly perfect, and the underlying business is delivering the kind of fundamental performance that often precedes significant price moves. The only caution is the current lack of a tight setup, meaning investors should be patient and wait for the stock to contract before committing capital.
If you want to explore more stocks that fit this high-conviction blend of technical and fundamental strength, you can run the full screen here to see the latest candidates.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Always do your own research and consider your risk tolerance before making any trading decisions.
Read full article here »
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Jerash Holdings (NASDAQ:JRSH) Screens as a High-Growth Momentum Stock with Minervini Trend Template Support
The screen used to find Jerash Holdings (US) Inc. (NASDAQ:JRSH) is designed to marry two strong stock-picking approaches: Mark Minervini’s Trend Template and a High Growth Momentum filter. The Trend Template ensures a stock is in a well-defined uptrend with aligned moving averages and strong relative strength, while the High Growth Momentum component verifies that the company’s earnings and revenue growth support the price action. For growth investors, this combination is critical because it helps identify stocks that are not only technically strong but also have the underlying fundamentals to sustain that strength.
Trend Template Compliance: Technical Strength
Jerash Holdings passes the Trend Template criteria with room to spare. The stock currently trades at $4.45, well above its rising 50-day SMA ($3.70), 150-day SMA ($3.30), and 200-day SMA ($3.29). All three moving averages are trending upward, with the 50-day clearly positioned above the longer-term averages—a classic bullish alignment that Minervini emphasizes as a sign of institutional accumulation.
The price also sits 56% above its 52-week low of $2.85 and is within 19% of its 52-week high of $5.47, meeting the template’s requirement that the stock be neither too far from its low nor too extended from its high. With a ChartMill Relative Strength score of 89.27, the stock outperforms nearly 90% of the entire market, highlighting its momentum quality.
From a technical health perspective, the ChartMill Technical Rating for JRSH is a strong 9 out of 10. This rating captures the stock’s solid long and short-term trends, favorable moving average structure, and relative strength versus the broader market.
High Growth Fundamentals: Earnings and Revenue Acceleration
For growth investors, the Trend Template is only half the story. Jerash Holdings delivers on the fundamental front with impressive earnings growth. The company’s EPS over the trailing twelve months has surged by 500% year-over-year. Looking at the most recent quarter compared to the same quarter last year, EPS growth accelerated to an eye-popping 1,300%. This kind of sequential acceleration—from a negative quarter to the current explosion—is exactly the pattern Minervini looks for: improving and accelerating earnings surprises that attract institutional buyers.
Revenue growth also tells a positive tale. Trailing twelve-month revenue has grown by 14%, and the most recent quarter saw a 46.7% jump in sales versus the same period last year. The company has beaten earnings estimates in two of the last four quarters, and the average beat percentage of 426% suggests results are consistently exceeding expectations.
Profit margins are improving as well, moving from 0.8% three quarters ago to 3.7% in the latest quarter. Rising margins alongside accelerating revenue points to operational leverage and increasing pricing power—two qualities Minervini highlights as hallmarks of super-performance stocks.
Analyst Views and Revision Trends
Analyst sentiment is supportive of the growth narrative. Next-year earnings estimates have remained steady over the past three months, while next-year revenue estimates have been revised upward by 5.2%. The projected EPS growth for the next quarter is estimated at 223%, signaling the market expects this acceleration to continue. While the sample size of revisions is small, the direction is clearly positive and aligns with the stock’s technical strength.
What the Technical Report Says About the Setup
The ChartMill technical analysis rates JRSH’s overall technical rating at 9/10, but notes that the setup quality is currently 4/10. The stock has been trading in a wide range recently (between $3.28 and $5.47 in the last month), and it currently sits in the middle of that range. This means that while the trend is undeniably strong, the price action is not yet forming a tight consolidation pattern that would offer a clean entry point with well-defined risk. The report advises waiting for a pullback or a tighter trading range before establishing a position. For a deeper breakdown of the technical indicators, refer to the full technical analysis report.
Bottom Line
Jerash Holdings checks the boxes for both Minervini Trend Template rules and high-growth momentum criteria. The moving average alignment, strong relative strength, and explosive earnings acceleration all point to a stock that could be early in a longer-term uptrend. The technical rating is nearly perfect, and the underlying business is delivering the kind of fundamental performance that often precedes significant price moves. The only caution is the current lack of a tight setup, meaning investors should be patient and wait for the stock to contract before committing capital.
If you want to explore more stocks that fit this high-conviction blend of technical and fundamental strength, you can run the full screen here to see the latest candidates.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Always do your own research and consider your risk tolerance before making any trading decisions.
Read full article here »