CORPAY INC (CPAY) Technical Analysis
NYSE:CPAY • US2199481068
Current stock price
CPAY Technical Rating and Analysis
Taking everything into account, CPAY scores 3 out of 10 in our technical rating. In the last year, CPAY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 67% of all other stocks performed better in the past year than CPAY.
- In the last month CPAY has a been trading in the 307.77 - 354.00 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- CPAY is part of the Financial Services industry. There are 98 other stocks in this industry, CPAY did better than 56% of them.
- CPAY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CPAY is lagging the market slightly.
CPAY Weekly and Daily overview Charts
CPAY Setup Rating and Analysis
Although the technical rating is bad, CPAY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 314.42, a Stop Loss order could be placed below this zone.
More info and screens
CPAY Support and Resistance Analysis
260.54
5 important support areas can be observed.
- A support zone ranging from 314.39 to 314.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @307.94 from a trend line in the daily time frame.
- Support @300.59 from a horizontal line in the daily time frame.
- Support @292.22 from a horizontal line in the daily time frame.
- Support @263.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 319.44 to 326.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 350.59 to 356.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
CPAY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CPAY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPAY is neutral. |
| ChartMill Relative Strength | 33.15 | NEUTRAL | CPAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CPAY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CPAY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.36 | NEUTRAL | The RSI value for CPAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.01 | NEGATIVE | The MACD value suggests CPAY has a negative trend. |
| Stochastics (14,3) | 35.07 | NEUTRAL | The Stochastics value for CPAY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CPAY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for CPAY suggests a possible start of a new trend. |
CPAY Chart- and CandleStick Pattern Analysis
CPAY Technicals: Chart, Performance Metrics, Trend & Indicators
317.53
-4.03 (-1.25%)
CORPAY INC / CPAY TA FAQ
What is the technical rating for CPAY stock?
ChartMill assigns a technical rating of 3 / 10 to CPAY.
What is the trend direction for CPAY stock?
The current trend direction for CORPAY INC (CPAY) is Bearish.
Can you provide the RSI signal for CORPAY INC?
CORPAY INC (CPAY) has an RSI value of 44.3627. This indicates that the stock is currently neutral.
What is the MACD signal for CORPAY INC (CPAY) stock?
The MACD indicator for CORPAY INC (CPAY) has a value of -2.01009, indicating a bearish trend.