CORPAY INC (CPAY) Stock Technical Analysis
NYSE:CPAY - US2199481068 - Common Stock
325.67 USD
+0.5 (+0.15%)
325.67 USD
0 (0%)
Taking everything into account, CPAY scores 5 out of 10 in our technical rating. In the past year, CPAY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CPAY has a been trading in the 296.57 - 331.55 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CPAY outperforms 41% of them, which is more or less in line with the market.
CPAY is an average performer in the Financial Services industry, it outperforms 49% of 102 stocks in the same industry.
CPAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPAY is lagging the market.
Although the technical rating is only medium, CPAY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 328.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 325.21, a Stop Loss order could be placed below this zone.
More info and screens
285.67
358.38
4 important support areas can be observed.
- A support zone ranging from 317.90 to 325.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 304.30 to 305.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @298.26 from a horizontal line in the daily time frame.
- Support @288.56 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 328.04 to 332.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @339.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 348.79 to 354.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for CPAY is up. |
| ChartMill Relative Strength | 41.25 | NEUTRAL | CPAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.11 | NEUTRAL | The RSI value for CPAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.6 | POSITIVE | The MACD value suggests CPAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.46 | NEUTRAL | The Stochastics value for CPAY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CPAY suggests some volalility. |
| Average Directional Index/ADX (14) | 12.94 | NEGATIVE | The low ADX value for CPAY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
325.67
+0.5 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.15%
1 Week-1.67%
2 Weeks2.52%
1 Month2.93%
3 Month0.17%
6 Month-11.27%
12 Month3.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.71
ATR(20)%2.36%
ATR Inc-56.42%
Range Today3.38
ADR(20)7.51
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.25
Mansfield-1.21
10 Day High331.55
10 Day Low309.5
20 Day High331.55
20 Day Low296.57
52 Week High400.81
52 Week Low269.02
CS1 End325.21
CR1 Start328.04
Volume & EV
DER(3)-0.63%
DER(5)-0.96%
Volume220.50K
Volume Incr-40.12%
Vol(5)328.90K
Vol(50)482.02K