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12/07/2023 16:05:00 EST
StoneCo Ltd (STNE)
Industry: Software - Infrastructure
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 30 trading days, STNE has been trading in a range between $14.90 and $9.60 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
STNE is trading below resistance at $16.43, about 3% to the upside. There is support at $13.49 -15% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
StoneCo Ltd (STNE) entered a Green zone 19 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 3.765, which is a Buy. The current analyst target price is $15.32, which gives it a potential down side of -3.95 % from the recent price of 15.95. The stock is trading 5.33% (potential upside) below its 52 week high of $16.80 and 97.16 % (potential downside) above its 52 week low of $8.09 - based on the recent price.
Company Summary
StoneCo Ltd provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team.
News
| 2 Stocks That Could Create Lasting Generational Wealth Toast is benefiting from the increased spending on technology in the restaurant industry. This financial services provider has a widening competitive advantage in Brazil's digital payments market. Source: The Motley Fool Thu, 07 Dec 2023 05:15:00 -0500 Sentiment: Positive |
| 5 Growth Stocks For 2024 I believe that small and reasonably priced growth stocks have higher total return potential than other investments over the long term. I share my selection criteria for growth stocks, and use them to select five stocks that I think are strong buys now. These five stocks are StoneCo, SoFi Technologies, First Solar, Galaxy Digital, and Microsoft. Source: Seeking Alpha Wed, 06 Dec 2023 10:18:56 -0500 Sentiment: Positive |
| StoneCo Announces Board Changes GEORGETOWN, Cayman Islands, Dec. 01, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) today announced additional board changes to support the next stage of the Company's growth. Source: GlobeNewsWire Fri, 01 Dec 2023 07:57:00 -0500 Sentiment: Neutral |
| Is StoneCo Stock a Buy Now? StoneCo is demonstrating high growth in the largest Latin American e-commerce market. It fumbled a few years ago, but new management is leading it with a clear growth strategy. Source: The Motley Fool Thu, 30 Nov 2023 05:20:00 -0500 Sentiment: Positive |
| Here is What to Know Beyond Why StoneCo Ltd. (STNE) is a Trending Stock StoneCo Ltd. (STNE) has been one of the stocks most watched by Zacks.com users lately. Source: Zacks Investment Research Tue, 28 Nov 2023 10:31:45 -0500 Sentiment: Neutral |
Technicals 52 Week Hi: 16.8 52 Week Low: 8.09 Beta: 2.419 50 Day MA: 11.6782 200 Day MA: 11.7645 Earnings / Revenue Trends Qtr Earnings Growth YOY: 1.016 Qtr Revenue Growth YOY: 0.253 Forward PE: 14.9477 Trailing PE: 25.4219