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PAYA HOLDINGS INC (PAYA) Stock Technical Analysis

USA - Nasdaq - NASDAQ:PAYA - US70434P1030 - Common Stock

9.74 USD
+0.01 (+0.1%)
Last: 2/21/2023, 8:00:03 PM
9.74 USD
0 (0%)
After Hours: 2/21/2023, 8:00:03 PM
Technical Rating and Analysis

10

Overall PAYA gets a technical rating of 10 out of 10. 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PAYA is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by PAYA over the past year are nicely spread over this period.
PAYA is one of the better performing stocks in the IT Services industry, it outperforms 97% of 88 stocks in the same industry.
A new 52 week high is currently being made by PAYA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
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.
Weekly and Daily overview Charts
PAYA HOLDINGS INC / PAYA Weekly stock chart
PAYA HOLDINGS INC / PAYA Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, PAYA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.

Support and Resistance Analysis

6.24

9.85

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for PAYA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PAYA is up.
ChartMill Relative Strength94.96POSITIVEPAYA has a high relative strength, it outperformed 94.96% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PAYA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PAYA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PAYA is above the rising SMA(200).
Relative Strength Index/RSI (14)70.25OVERBOUGHTThe high RSI value suggests PAYA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests PAYA has a negative trend, although the MACD value is rising.
Stochastics (14,3)72.22NEUTRALThe Stochastics value for PAYA is a neutral value.
Average True Range in percent/ATR (20)0.17LOW VOLATILITYThe low ATR as a percentage value for PAYA suggests low volalility.
Average Directional Index/ADX (14)49.37POSITIVEThe high ADX value value for PAYA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
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
9.769.700.06 (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 worst case loss on the trade is limited to 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 HOLDINGS INC / PAYA Daily stock chart

PAYA HOLDINGS INC

NASDAQ:PAYA (2/21/2023, 8:00:03 PM)

After market: 9.74 0 (0%)

9.74

+0.01 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryIT Services
Performance
% Chg0.1%
1 Week0%
2 Weeks0.1%
1 Month0.41%
3 Month19.22%
6 Month47.8%
12 Month53.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.17%
ATR Inc-12.5%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.96
3 months CRSN/A
6 months CRSN/A
Mansfield3.9
10 Day High9.75
10 Day Low9.71
20 Day High9.75
20 Day Low9.7
52 Week High9.75
52 Week Low4.51
CS1 End9.73
CR1 Start9.75
Volume & EV
DER(3)-3.64%
DER(5)-2%
Volume1.13M
Volume Incr-36.05%
Vol(5)1.42M
Vol(50)2.74M

PAYA HOLDINGS INC / PAYA FAQ

Can you provide the ChartMill technical rating for PAYA HOLDINGS INC?

ChartMill assigns a technical rating of 10 / 10 to PAYA.


Can you provide the trend direction for PAYA HOLDINGS INC?

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 MACD signal for PAYA HOLDINGS INC (PAYA) stock?

The MACD indicator for PAYA HOLDINGS INC (PAYA) has a value of -0.0541182, indicating a bearish trend.


What is the support and resistance level for PAYA stock?

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.