PAYONEER GLOBAL INC (PAYO) Stock Technical Analysis
NASDAQ:PAYO - Nasdaq - US70451X1046 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PAYO. Although PAYO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
When comparing the yearly performance of all stocks, we notice that PAYO is one of the better performing stocks in the market, outperforming 72% of all stocks.
In the last month PAYO has a been trading in the 6.42 - 7.09 range, which is quite wide. It is currently trading near the high of this range.
PAYO has an average volume of 3440700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PAYO is an average performer in the Financial Services industry, it outperforms 67% of 100 stocks in the same industry.
PAYO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAYO is lagging the market.
PAYO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.14
10.92
We found 4 important support areas.
- A support zone ranging from 6.79 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.67 from a trend line in the daily time frame.
- A support zone ranging from 6.48 to 6.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.20 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.99 to 7.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.22 from a horizontal line in the weekly time frame.
- Resistance @7.47 from a horizontal line in the daily time frame.
- Resistance @10.81 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 PAYO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAYO is up. |
| ChartMill Relative Strength | 72.23 | POSITIVE | PAYO has a high relative strength, it outperformed 72.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAYO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAYO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAYO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.09 | NEUTRAL | The RSI value for PAYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PAYO has a positive trend. |
| Stochastics (14,3) | 82.65 | OVERBOUGHT | The high Stochastics value suggests PAYO may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for PAYO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for PAYO suggests a weak or negative trend. |
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)
6.98
+0.05 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.72%
1 Week2.35%
2 Weeks6.89%
1 Month3.1%
3 Month12.4%
6 Month-33.4%
12 Month27.84%
2 Year31.2%
3 Year30.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.85%
ATR Inc-26.65%
Range Today0.13
ADR(20)0.18
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.23
Mansfield-1.99
10 Day High7.1
10 Day Low6.42
20 Day High7.1
20 Day Low6.42
52 Week High11.29
52 Week Low5.03
CS1 End6.88
CR1 Start6.99
Volume & EV
DER(3)2.35%
DER(5)1.44%
Volume1.31M
Volume Incr24.39%
Vol(5)3.11M
Vol(50)3.44M