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Euronet Worldwide Gets RS Rating Upgrade

On Friday, Euronet Worldwide (EEFT) received an upgrade to its Relative Strength (RS) Rating, from 66 to 73.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Over 100 years of market history shows that the best stocks typically have an 80 or better RS Rating as they begin their biggest climbs. See if Euronet Worldwide can continue to show renewed price strength and clear that threshold.


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Euronet Worldwide is now considered extended and out of buy range after clearing a 121.08 buy point in a first-stage consolidation. See if the stock forms a new chart pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -61% to -32%. Revenue rose from -16% to 2%.

Euronet Worldwide earns the No. 12 rank among its peers in the Finance-Card/Payment Processing industry group. PayPal (PYPL) and Pagseguro Digital (PAGS) are also among the group’s highest-rated stocks.

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