This Influencer-Friendly Stock Has Doubled in a Year and Keeps Hitting New Highs

• Aritzia (ATZAF) is an integrated fashion design house showing strong technical momentum and consistent price appreciation.

• Shares are trading at a new all-time high.

• ATZAF has a 100% “Buy” opinion from Barchart and a Trend Seeker “Buy” signal.

• Shares are up 110% over the past year.

Valued at $8.26 billion, Aritzia (ATZAF) is an integrated design house of exclusive fashion brands. Its geographical segments include Canada and the United States. The company generates most of its revenue from retail, followed by e-commerce. Aritzia has become increasingly popular due to its relationship with fashion influencers, and has even been showcased by celebrities like Sabrina Carpenter.

I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction; and a Trend Seeker “buy” signal. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. ATZAF checks those boxes. Since the Trend Seeker signaled a new “Buy” on Oct. 16, the stock has gained 8.21%.

Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.

Aritzia hit an all-time high of $71.41 in intraday trading on Nov. 3.

• ATZAF has a Weighted Alpha of +115.58.

• Aritzia has a 100% “Buy” opinion from Barchart.

• The stock gained 109.52% over the past year.

• ATZAF has its Trend Seeker “Buy” signal intact.

• The stock recently traded at $68.43 with a 50-day moving average of $62.79.

• Aritzia has made 7 new highs and gained 16.9% in the last month.

• Relative Strength Index (RSI) is at 58.87.

• There’s a technical support level around $70.49.

• $8.26 billion market capitalization.

• Revenue is projected to grow 22.61% this year and another 13.08% next year.

• Earnings are estimated to increase 33.70% this year and an additional 30.65% next year.