PAYPAY CORP (PAYP) Technical Analysis
NASDAQ:PAYP • US70450C1018
Current stock price
PAYP Technical Rating and Analysis
Taking everything into account, PAYP scores 3 out of 10 in our technical rating. PAYP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, PAYP is a bad performer in the overall market: 100% of all stocks are doing better.
- PAYP is part of the Financial Services industry. There are 99 other stocks in this industry, of which 92% are performing better than PAYP.
- In the last month PAYP has a been trading in the 18.82 - 24.18 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long and short term trends are both positive. This is looking good!
PAYP Weekly and Daily overview Charts
PAYP Setup Rating and Analysis
PAYP 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. We notice that large players showed an interest for PAYP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PAYP Support and Resistance Analysis
18.65
We found 1 important support area.
- Support @18.84 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.73 to 20.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.19 from a horizontal line in the daily time frame.
PAYP Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for PAYP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAYP is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PAYP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAYP is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 46.1 | NEUTRAL | The RSI value for PAYP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests PAYP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.81 | NEUTRAL | The Stochastics value for PAYP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for PAYP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for PAYP suggests a weak or negative trend. |
PAYP Chart- and CandleStick Pattern Analysis
PAYP Technicals: Chart, Performance Metrics, Trend & Indicators
20.02
-0.21 (-1.04%)
PAYPAY CORP / PAYP TA FAQ
What is the technical rating for PAYP stock?
ChartMill assigns a technical rating of 3 / 10 to PAYP.
Can you provide the trend direction for PAYPAY CORP?
The current trend direction for PAYPAY CORP (PAYP) is Bullish.
Can you provide the RSI signal for PAYPAY CORP?
PAYPAY CORP (PAYP) has an RSI value of 46.0985. This indicates that the stock is currently neutral.
What is the short term momentum for PAYP stock?
The short term momentum for PAYPAY CORP (PAYP) is positive.
What are the support and resistance levels for PAYPAY CORP (PAYP) stock?
PAYPAY CORP (PAYP) has a support level at 18.84 and a resistance level at 20.73. Check the full technical report for our detailed analysis of PAYP support and resistance levels.