Deluxe Corp

DLX’s Stage 2 Advancing breakout, driven by an active Lockout Rally, confirms a strong medium-term bullish bias. Despite extreme overbought conditions and price extended above rising EMAs, Lockout Rally dynamics override timing constraints. With no visible rejection and rising EMAs acting as support, execution is favored now—buying into the momentum continuation and shallow pullbacks near the 9/21 EMA zone.

• ↑Payments & data segments drive over 47% of revenue, print under 50%.
• ↑Q1 revenue $538.1M (+0.3% YoY); organic payments/data +12.5%; adj EBITDA $117.9M (+19.7%).
• ↓Print segment sees 5.9% YoY decline in promotional revenues.