PAYMENTUS HOLDINGS INC-A (PAY) Stock Technical Analysis
NYSE:PAY - US70439P1084 - Common Stock
38.27 USD
+0.47 (+1.24%)
38.27 USD
0 (0%)
Taking everything into account, PAY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PAY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PAY is one of the better performing stocks in the market, outperforming 87% of all stocks.
PAY is one of the better performing stocks in the Financial Services industry, it outperforms 87% of 100 stocks in the same industry.
PAY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAY is lagging the market slightly.
In the last month PAY has a been trading in the 27.32 - 38.88 range, which is quite wide. It is currently trading near the high of this range.
PAY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
27.00
40.25
4 important support areas can be observed.
- A support zone ranging from 37.05 to 37.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.27 from a trend line in the weekly time frame.
- Support @28.70 from a trend line in the daily time frame.
- Support @27.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @38.94 from a horizontal line in the weekly time frame.
- Resistance @39.85 from a horizontal line 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 | UP | POSITIVE | The long term trend for PAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAY is up. |
| ChartMill Relative Strength | 87.82 | POSITIVE | PAY has a high relative strength, it outperformed 87.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.54 | OVERBOUGHT | The high RSI value suggests PAY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests PAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.35 | OVERBOUGHT | The high Stochastics value suggests PAY may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for PAY suggests some volalility. |
| Average Directional Index/ADX (14) | 40.77 | POSITIVE | The high ADX value value for PAY suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.95 | 37.04 | 1.91 (4.90%) | 20.39% |
| An entry @38.95. This is a Buy Stop order right above the resistance zone. | An exit @37.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.91 points, which is 4.90%. | When investing 20.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
38.27
+0.47 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.24%
1 Week3.26%
2 Weeks7.23%
1 Month35.66%
3 Month0.21%
6 Month39.67%
12 Month68.37%
2 Year154.12%
3 Year221.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%3.34%
ATR Inc-18.04%
Range Today0.9
ADR(20)1.25
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.82
Mansfield1.5
10 Day High38.88
10 Day Low35.65
20 Day High38.88
20 Day Low27.32
52 Week High40.43
52 Week Low19.53
CS1 End37.51
CR1 Start38.94
Volume & EV
DER(3)0.63%
DER(5)2.07%
Volume685.80K
Volume Incr4.48%
Vol(5)804.58K
Vol(50)718.26K