dLocal saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 88 to 92.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 at the beginning of a new climb.
How To Use Stock Charts To Stay Profitable And Protected
dLocal is within a buy zone after clearing a 13.66 buy point in a cup with handle. The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..
Earnings-per-share growth decreased last quarter from 0% to -6%, but revenue rose from 6% to 13%. Look for the next report on or around Feb. 27.
The company earns the No. 4 rank among its peers in the Finance-Card/Payment Processing industry group. Cantaloupe is the top-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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