PAYCOM SOFTWARE INC (PAYC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PAYC - US70432V1026 - Common Stock
We assign a technical rating of 1 out of 10 to PAYC. PAYC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PAYC has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
157.61
We found 1 important support area.
- A support zone ranging from 159.20 to 159.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 162.98 to 166.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 174.46 to 176.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for PAYC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAYC is down. |
| ChartMill Relative Strength | 13.3 | NEGATIVE | PAYC has a low relative strength, it was outperformed by 86.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PAYC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAYC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAYC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for PAYC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests PAYC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.59 | NEUTRAL | The Stochastics value for PAYC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for PAYC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.69 | NEGATIVE | The low ADX value for PAYC suggests a weak or negative trend. |
159.63
-5.79 (-3.5%)
PAYCOM SOFTWARE INC / PAYC FAQ
What is the ChartMill technical rating of PAYCOM SOFTWARE INC (PAYC) stock?
ChartMill assigns a technical rating of 1 / 10 to PAYC.
What is the trend direction for PAYC stock?
The current trend direction for PAYCOM SOFTWARE INC (PAYC) is Bearish.
What is the RSI signal for PAYCOM SOFTWARE INC (PAYC) stock?
PAYCOM SOFTWARE INC (PAYC) has an RSI value of 39.0273. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PAYCOM SOFTWARE INC?
The short term momentum for PAYCOM SOFTWARE INC (PAYC) is negative.
Can you provide the buy/sell signal for PAYCOM SOFTWARE INC?
The buy/sell signal for PAYCOM SOFTWARE INC (PAYC) is sell as both the short term and long term trends are negative.