PAYMENTUS HOLDINGS INC-A (PAY)

US70439P1084 - Common Stock

20.62  +0.44 (+2.18%)

After market: 20.5 -0.12 (-0.58%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to PAY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, PAY did better than 97% of all other stocks. We also observe that the gains produced by PAY over the past year are nicely spread over this period.
PAY is part of the Financial Services industry. There are 102 other stocks in this industry. PAY outperforms 98% of them.
PAY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PAY is performing more or less in line with the market.
In the last month PAY has a been trading in the 18.93 - 23.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PAY Weekly chart
PAY Daily chart
Setup Rating and Analysis

7

PAY has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

15.71

20.85

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 19.08 to 19.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.79 to 16.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.22 from a trend line in the daily time frame.
  • Support @15.87 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 20.63 to 20.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.57
Mansfield2.42
10 Day High20.99
10 Day Low18.93
20 Day High23.19
20 Day Low18.93
52 Week High25.21
52 Week Low7.76
Performance
1 Week8.07%
2 Weeks-1.25%
1 Month-10.66%
3 Month27.44%
6 Month44.3%
12 Month150.55%
2 Year24.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)51.9
LBB18.59
UBB21.68
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
20.6518.921.73 (8.37%)11.95%
An entry @20.65. This is a Buy Stop order right above the resistance zone.An exit @18.92. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.73 points, which is 8.37%.When investing 11.95% 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.
PAY Daily chart

PAYMENTUS HOLDINGS INC-A

NYSE:PAY (4/24/2024, 7:21:43 PM)

After market: 20.5 -0.12 (-0.58%)

20.62

+0.44 (+2.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.18%
1 Week8.07%
2 Weeks-1.25%
1 Month-10.66%
3 Month27.44%
6 Month44.3%
12 Month150.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.74
ATR(20)%3.75%
ATR Inc
Range Today0.55
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.99
10 Day Low18.93
20 Day High23.19
20 Day Low18.93
52 Week High25.21
52 Week Low7.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume332.80K
Volume Incr-33.83%
Vol(5)225.02K
Vol(50)400.19K