PAYCOM SOFTWARE INC (PAYC) Stock Technical Analysis
USA - NYSE:PAYC - US70432V1026 - Common Stock
Taking everything into account, PAYC scores 0 out of 10 in our technical rating. 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.
The technical rating of PAYC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
162.37
We can see 4 important resistance areas.
- A resistance zone ranging from 187.10 to 187.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 202.07 to 207.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @220.21 from a horizontal line in the daily time frame.
- Resistance @234.08 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 | 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 | 9.79 | NEGATIVE | PAYC has a low relative strength, it was outperformed by 90.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAYC is below a declining 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) | 18.8 | OVERSOLD | The low RSI value suggests PAYC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.24 | NEGATIVE | The MACD value suggests PAYC has a negative trend. |
| Stochastics (14,3) | 10.56 | OVERSOLD | The low Stochastics value suggests PAYC may be oversold. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for PAYC suggests some volalility. |
| Average Directional Index/ADX (14) | 41.26 | POSITIVE | The high ADX value value for PAYC suggests a strong trend. |
164.01
-19.7 (-10.72%)
PAYCOM SOFTWARE INC / PAYC FAQ
What is the ChartMill technical rating of PAYCOM SOFTWARE INC (PAYC) stock?
ChartMill assigns a technical rating of 0 / 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 18.7978. This indicates that the stock is currently oversold.
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.