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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

PagSeguro Digital Stock Shows Rising Relative Strength; Still Shy Of Key Benchmark

On Wednesday, PagSeguro Digital stock got a positive adjustment to its Relative Strength (RS) Rating, from 67 to 78.

As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to other publicly traded companies.

Over 100 years of market history shows that the top-performing stocks often have an RS Rating north of 80 as they begin their largest runs. See if PagSeguro Digital stock can continue to rebound and hit that benchmark.

Looking For The Best Stocks To Buy And Watch? Start Here

Is PagSeguro Digital Stock A Buy?

PagSeguro stock has been trading below its 50- and 200-day moving averages in recent weeks. While the payment processing stock is not near a proper buy point right now, see if it manages to form and break out from a proper chart pattern.

The payment processing firm reported -8% earnings growth last quarter. Sales rose 2%.

PagSeguro Digital stock earns the No. 15 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments and Visa Cl A are also among the group's highest-rated stocks.

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