Overall PAYO gets a technical rating of 1 out of 10. PAYO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PAYO has a bad technical rating, but it does show 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 5.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.68, a Stop Loss order could be placed below this zone.
More info and screens
5.21
We found 3 important support areas.
- A support zone ranging from 5.60 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.36 to 5.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 5.26 to 5.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.69 to 5.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.05 from a trend line in the daily time frame.
- Resistance @7.46 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 | NEUTRAL | NEUTRAL | The short term trend for PAYO is neutral. |
| ChartMill Relative Strength | 9.79 | NEGATIVE | PAYO has a low relative strength, it was outperformed by 90.21% 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) | DOWN | NEGATIVE | The current price of PAYO is below a declining 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) | 49.05 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 70.68 | NEUTRAL | The Stochastics value for PAYO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for PAYO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for PAYO suggests a weak or negative trend. |
5.68
-0.04 (-0.7%)
PAYONEER GLOBAL INC / PAYO FAQ
What is the technical rating for PAYO stock?
ChartMill assigns a technical rating of 1 / 10 to PAYO.
Can you provide the trend direction for PAYONEER GLOBAL INC?
The current trend direction for PAYONEER GLOBAL INC (PAYO) is Bearish.
Can you provide the RSI signal for PAYONEER GLOBAL INC?
PAYONEER GLOBAL INC (PAYO) has an RSI value of 49.0511. This indicates that the stock is currently neutral.
What is the short term momentum for PAYO stock?
The short term momentum for PAYONEER GLOBAL INC (PAYO) is neutral.
Can you provide the support and resistance levels for PAYONEER GLOBAL INC?
PAYONEER GLOBAL INC (PAYO) has a support level at 5.68 and a resistance level at 5.69. Check the full technical report for our detailed analysis of PAYO support and resistance levels.