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Rebound Above 50-Day Average Needed for Outlook to Improve - Thursday, October 10, 2019
Pagseguro Digital Cl A (PAGS -0.49 or -1.09% to $44.45 ) has been sputtering below its 50-day moving average (DMA) line ($47.337) which recently acted as resistance. A convincing rebound above the 50 DMA line would help its outlook, however, it faces some additional near-term resistance due to overhead supply up to the $53 level. Meanwhile, the prior lows in the $42-43 area define very important support where violations may trigger more worrisome technical sell signals.
Fundamentals are strong. Bullish action came with on 8/16/19 with a gap up after it reported earnings +35% on +39% sales revenues for the quarter ended June 30,2019 versus the year ago period. That showed a strong sales revenues increase while continuing its strong track record of quarterly comparisons with earnings increases above the +25% minimum guideline (C criteria).It has a 98 Earnings Per Share Rating. The limited history for this Brazil-based firm was noted as a concern. It completed its $21.50 IPO on 1/24/18.
PAGS traded up as much as +41.9% since first highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the 6/25/19 mid-day report (read here). It showed resilience after last shown in this FSU section on 9/25/19 with an annotated graph under the headline, "Recent Lows Define Important Near-Term Support While Consolidating".
The number of top-rated funds owning its shares rose from 254 in Sep '18 to 401 in Sep '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.0 is an unbiased indication its shares have been neutral concerning accumulation/distributional pressure over the past 50 days. It has earned a Timeliness Rating of B and Sponsorship Rating of B.
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Charts courtesy of www.stockcharts.com
Recent Lows Define Important Near-Term Support While Consolidating - Wednesday, September 25, 2019
Pagseguro Digital Cl A (PAGS +$1.66 or +3.66% to $47.04) posted a gain today with light volume. Recently it slumped back below its 50-day moving average (DMA) line ($47.47) which may act as resistance. A convincing rebound above the 50 DMA line would help its outlook, however, it faces some additional near-term resistance due to overhead supply up to the $53 level. Meanwhile, the prior lows in the $42-43 area define very important support where violations may trigger more worrisome technical sell signals.
Fundamentals are strong. Bullish action came with on 8/16/19 with a gap up after it reported earnings +35% on +39% sales revenues for the quarter ended June 30,2019 versus the year ago period. That showed a strong sales revenues increase while continuing its strong track record of quarterly comparisons with earnings increases above the +25% minimum guideline (C criteria).It has a 98 Earnings Per Share Rating. The limited history for this Brazil-based firm was noted as a concern. It completed its $21.50 IPO on 1/24/18.
PAGS traded up as much as +41.9% since first highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the 6/25/19 mid-day report (read here). It showed resilience after last shown in this FSU section on 9/11/19 with an annotated graph under the headline, "50-Day Moving Average Violation Triggered Technical Sell Signal".
The number of top-rated funds owning its shares rose from 254 in Sep '18 to 383 in Jun '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.9 is an unbiased indication its shares have been under slight distributional pressure over the past 50 days. It has earned a Timeliness Rating of A and Sponsorship Rating of B.
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Charts courtesy of www.stockcharts.com
50-Day Moving Average Violation Triggered Technical Sell Signal - Wednesday, September 11, 2019
Pagseguro Digital Cl A (PAGS +$0.71 or +1.62% to $44.58) halted its slide today with a gain on average volume. It violated its 50-day moving average (DMA) line ($46.51) with big volume-driven losses this week triggering a technical sell signal. The prior low ($42.00 on 8/05/19) defines the next important chart support level. A prompt rebound above the 50 DMA line is needed for its outlook to improve.
Bullish action came with on 8/16/19 with a gap up after it reported earnings +35% on +39% sales revenues for the quarter ended June 30,2019 versus the year ago period. That showed a strong sales revenues increase while continuing its strong track record of quarterly comparisons with earnings increases above the +25% minimum guideline (C criteria).It has a 98 Earnings Per Share Rating. The limited history for this Brazil-based firm was noted as a concern. It completed its $21.50 IPO on 1/24/18.
PAGS traded up as much as +41.9% since first highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the 6/25/19 mid-day report (read here). It was last shown in this FSU section on 8/22/19 with an annotated graph under the headline, "Brazil-Based Digital Payments Firm Perched at All-Time High".
The number of top-rated funds owning its shares rose from 254 in Sep '18 to 382 in Jun '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has earned a Timeliness Rating of A and Sponsorship Rating of B.
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Charts courtesy of www.stockcharts.com
Brazil-Based Digital Payments Firm Perched at All-Time High - Thursday, August 22, 2019
Pagseguro Digital Cl A (PAGS $52.34 +$1.03 +2.01%) posted 2nd consecutive gain with light volume and ended at a best-ever close. It is extended from any sound base. The prior high ($48.88) defines initial support to watch above its 50-day moving average (DMA) line ($43.31) and the prior low ($42.00 on 8/05/19). Losses leading to violations would raise concerns and trigger technical sell signals.
Bullish action came with on 8/16/19 with a gap up after it reported earnings +35% on +39% sales revenues for the quarter ended June 30,2019 versus the year ago period. That showed a strong sales revenues increase while continuing its strong track record of quarterly comparisons with earnings increases above the +25% minimum guideline (C criteria).
PAGS traded up as much as +41.9% since first highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the 6/25/19 mid-day report (read here). It was shown that evening in this FSU section with an annotated graph under the headline, "Brazilian Payment Tech Firm Perched Near High". Subsequent volume-driven gains for new highs helped trigger a technical buy signal.
It has a 98 Earnings Per Share Rating. The limited history for this Brazil-based firm was noted as a concern. It completed its $21.50 IPO on 1/24/18.
The number of top-rated funds owning its shares rose from 254 in Sep '18 to 364 in Jun '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. It has earned a Timeliness Rating of A and Sponsorship Rating of B.
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Charts courtesy of www.stockcharts.com
Encountering Distributional Pressure After Impressive Sprint - Tuesday, July 30, 2019
Pagseguro Digital Cl A (PAGS -$2.82 or -5.97% to $44.44) was down considerably with above average volume today, retreating from its all-time high after getting very extended from any sound base. The prior high in the $40 area defines initial support to watch above its 50-day moving average (DMA) line ($38.62).
PAGS traded up as much as +29.7% since first highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the 6/25/19 mid-day report (read here). It was shown that evening in this FSU section with an annotated graph under the headline, "Brazilian Payment Tech Firm Perched Near High". Subsequent volume-driven gains for new highs helped trigger a technical buy signal.
It has a 98 Earnings Per Share Rating. Quarterly comparisons through Mar '19 showed earnings increases above the +25% minimum guideline (C criteria), however, sequential comparisons have shown deceleration in its sales revenues and earnings growth rate. Limited history for this Brazil-based firm was also noted as a concern. It completed its $21.50 IPO on 1/24/18.
The number of top-rated funds owning its shares rose from 254 in Sep '18 to 318 in Mar '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.8 is an unbiased indication its shares have been under accumulation over the past 50 days. It has earned a Timeliness Rating of A and Sponsorship Rating of C.
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Charts courtesy of www.stockcharts.com
Brazilian Payment Tech Firm Perched Near High - Tuesday, June 25, 2019
Pagseguro Digital Cl A (PAGS -$0.22 or -0.59% to $37.08) was highlighted in yellow with pivot point cited based on its 3/29/18 high plus 10 cents in the earlier mid-day report (read here). It faces very little resistance due to overhead supply up to the $39 level. Subsequent volume-driven gains for new highs may trigger a technical buy signal.
It has a 98 Earnings Per Share Rating. Quarterly comparisons through Mar '19 showed earnings increases above the +25% minimum guideline (C criteria), however, sequential comparisons have shown deceleration in its sales revenues and earnings growth rate. Limited history for this Brazil-based firm was also noted as a concern. It completed its $21.50 IPO on 1/24/18.
The number of top-rated funds owning its shares rose from 254 in Sep '18 to 299 in Mar '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days. It has earned a Timeliness Rating of A and Sposorship Rating of B.
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Charts courtesy of www.stockcharts.com