PAYONEER GLOBAL INC (PAYO) Stock Technical Analysis
USA - NASDAQ:PAYO - US70451X1046 - Common Stock
5.72 USD
-0.19 (-3.21%)
5.69 USD
-0.03 (-0.52%)
Overall PAYO gets a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PAYO is a bad performer in the overall market: 90% of all stocks are doing better.
PAYO is one of the lesser performing stocks in the Financial Services industry. 81% of 99 stocks in the same industry do better.
PAYO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PAYO has a been trading in the 5.69 - 6.77 range, which is quite wide. It is currently trading near the lows of this range.
PAYO has an average volume of 2957910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAYO has a poor technical rating and the quality of the setup is also only medium 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
5.65
7.53
We found 1 important support area.
- A support zone ranging from 5.71 to 5.71. 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 6.17 to 6.21. 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 6.50 to 6.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for PAYO is down. |
| ChartMill Relative Strength | 10.23 | NEGATIVE | PAYO has a low relative strength, it was outperformed by 89.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAYO is below a declining 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) | 31.12 | NEUTRAL | The RSI value for PAYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PAYO has a negative trend. |
| Stochastics (14,3) | 22.35 | NEUTRAL | The Stochastics value for PAYO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for PAYO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for PAYO suggests a possible start of a new 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)
5.72
-0.19 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.21%
1 Week-5.61%
2 Weeks-5.77%
1 Month-13.86%
3 Month-16.01%
6 Month-10.06%
12 Month-31.5%
2 Year-1.21%
3 Year-26.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.61%
ATR Inc-2.15%
Range Today0.26
ADR(20)0.21
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.23
Mansfield-3.48
10 Day High6.3
10 Day Low5.69
20 Day High6.77
20 Day Low5.69
52 Week High11.29
52 Week Low5.69
CS1 End5.71
CR1 Start6.17
Volume & EV
DER(3)-2.39%
DER(5)-1.56%
Volume2.15M
Volume Incr-17.09%
Vol(5)2.55M
Vol(50)2.96M