CORPAY INC (CPAY) Stock Technical Analysis
NYSE:CPAY - New York Stock Exchange, Inc. - US2199481068 - Common Stock - Currency: USD
Overall CPAY gets a technical rating of 3 out of 10. CPAY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, CPAY outperforms 56% of them, which is more or less in line with the market.
CPAY is part of the Financial Services industry. There are 100 other stocks in this industry, CPAY did better than 65% of them.
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.
In the last month CPAY has a been trading in the 313.97 - 350.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CPAY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 324.02, a Stop Loss order could be placed below this zone.
More info and screens
285.67
362.25
We found 3 important support areas.
- A support zone ranging from 323.88 to 324.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @301.54 from a trend line in the weekly time frame.
- Support @288.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 329.40 to 332.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @340.96 from a trend line in the daily time frame.
- Resistance @348.79 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 354.83 to 358.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 56.44 | 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) | UP | MIXED | The current price of CPAY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.63 | NEUTRAL | The RSI value for CPAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CPAY has a negative trend. |
| Stochastics (14,3) | 58.29 | NEUTRAL | The Stochastics value for CPAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CPAY suggests some volalility. |
| Average Directional Index/ADX (14) | 11.1 | 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)
324.39
-11.29 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.36%
1 Week-4.34%
2 Weeks-0.51%
1 Month-6.98%
3 Month6.19%
6 Month-6.89%
12 Month13.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.26
ATR(20)%3.01%
ATR Inc8.15%
Range Today8.82
ADR(20)9.32
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.44
Mansfield-1
10 Day High342.19
10 Day Low323.95
20 Day High350.77
20 Day Low313.97
52 Week High400.81
52 Week Low265.06
CS1 End324.02
CR1 Start329.4
Volume & EV
DER(3)0.55%
DER(5)0.21%
Volume430.10K
Volume Incr-24.04%
Vol(5)387.58K
Vol(50)500.66K