StoneCo Ltd. (STNE)

StoneCo Ltd. is trading at $7.75, down 3.13% on the session. The 50 day average sits at $10.18 and the 200 day at $12.23, which puts the stock in a downtrend. RSI is at 30.7, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $7.06 with resistance near $9.99, so that band frames the current range. Average daily movement is roughly $0.77, or about 9.9% of the share price, which is what any stop placement has to allow for. The overall health score of 20 out of 100 combines a trend score of 16, momentum of 22 and a risk score of 22.

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. The company provides financial services, including payment, prepayment, digital banking, and credit solutions. It offers payment solutions of electronic payments and alternative payment methods, such as payment slips and Pix transactions; digital product to help merchants improve their consumers' experience, which include split-payment processing, multi-payment processing, and recurring payments for subscriptions; and tap on phone solution. In addition, the company provides prepayment; digital banking; and credit solution. The company serves online, offline, and omni-channel sales clients under Stone, tonstone, and paggar.me. StoneCo Ltd. was founded in 2012 and is based in George Town, the Cayman Islands.