On Wednesday, dLocal received a positive adjustment to its Relative Strength (RS) Rating, from 87 to 91.
How To Use Stock Charts To Stay Profitable And Protected
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
Decades of market research reveals that the top-performing stocks typically have an RS Rating of over 80 in the early stages of their moves.
dLocal is working on a cup with handle with an 11.99 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 114% last quarter, up from 14% in the prior report. Revenue also increased, from 9% to 18%.
dLocal earns the No. 4 rank among its peers in the Finance-Card/Payment Processing industry group. Cantaloupe is the No. 1-ranked stock within the group.
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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