PAYA HOLDINGS INC (PAYA) Technical Analysis
NASDAQ:PAYA • US70434P1030
Current stock price
PAYA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PAYA. Both in the recent history as in the last year, PAYA 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!
- Looking at the yearly performance, PAYA did better than 94% of all other stocks. We also observe that the gains produced by PAYA over the past year are nicely spread over this period.
- PAYA is part of the IT Services industry. There are 87 other stocks in this industry. PAYA outperforms 96% of them.
- PAYA is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PAYA is leading the market.
- PAYA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- PAYA has an average volume of 2742270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PAYA has a been trading in a tight range between 9.70 and 9.75.
PAYA Weekly and Daily overview Charts
PAYA Setup Rating and Analysis
Besides having an excellent technical rating, PAYA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.73, a Stop Loss order could be placed below this zone.
More info and screens
PAYA Support and Resistance Analysis
6.24
We found 5 important support areas.
- A support zone ranging from 9.67 to 9.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.77 from a trend line in the daily time frame.
- Support @7.75 from a horizontal line in the daily time frame.
- Support @7.52 from a horizontal line in the daily time frame.
- A support zone ranging from 6.30 to 6.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.75 to 9.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
PAYA 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 | UP | POSITIVE | The long term trend for PAYA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAYA is up. |
| ChartMill Relative Strength | 94.96 | POSITIVE | PAYA has a high relative strength, it outperformed 94.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAYA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAYA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.25 | OVERBOUGHT | The high RSI value suggests PAYA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PAYA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for PAYA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for PAYA suggests low volalility. |
| Average Directional Index/ADX (14) | 49.37 | POSITIVE | The high ADX value value for PAYA suggests a strong trend. |
PAYA Chart- and CandleStick Pattern Analysis
PAYA 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.76 | 9.70 | 0.06 (0.61%) | 25.00% |
| An entry @9.76. This is a Buy Stop order right above the resistance zone. | An exit @9.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.61%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
PAYA Technicals: Chart, Performance Metrics, Trend & Indicators
9.74
+0.01 (+0.1%)
PAYA HOLDINGS INC / PAYA TA FAQ
Can you provide the ChartMill technical rating for PAYA HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 10 to PAYA.
What is the current trend direction of PAYA HOLDINGS INC (PAYA) stock?
The current trend direction for PAYA HOLDINGS INC (PAYA) is Bullish.
What is the RSI signal for PAYA HOLDINGS INC (PAYA) stock?
PAYA HOLDINGS INC (PAYA) has an RSI value of 70.2508. This indicates that the stock is currently overbought.
What is the short term momentum for PAYA stock?
The short term momentum for PAYA HOLDINGS INC (PAYA) is positive.
Can you provide the support and resistance levels for PAYA HOLDINGS INC?
PAYA HOLDINGS INC (PAYA) has a support level at 9.73 and a resistance level at 9.75. Check the full technical report for our detailed analysis of PAYA support and resistance levels.