On Tuesday, dLocal received a positive adjustment to its Relative Strength (RS) Rating, from 90 to 93.
How To Use Stock Charts To Stay Profitable And Protected
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of above 80 as they launch their largest climbs.
dLocal has climbed more than 5% past an 11.99 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
EPS growth decreased in the company's most recent report from 114% to -7%, but sales rose from 18% to 50%.
The company earns the No. 1 rank among its peers in the Finance-Card/Payment Processing industry group. StoneCo Cl A and Paymentus Holdings are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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