On Friday, dLocal got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 74.
IBD's proprietary RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks often have an RS Rating of over 80 as they begin their biggest runs. See if dLocal can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While dLocal is not near an ideal buying range right now, see if it manages to form and break out from a proper chart pattern.
Earnings growth slowed last quarter from 0% to -6%. But sales moved higher, from 6% to 13%.
The company holds the No. 12 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Paymentus Holdings and Discover Finl Svcs are among the top 5 highly rated stocks within the group.
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