PAYLOCITY HOLDING CORP (PCTY) Technical Analysis
NASDAQ:PCTY • US70438V1061
Current stock price
PCTY Technical Rating and Analysis
Taking everything into account, PCTY scores 0 out of 10 in our technical rating. PCTY'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PCTY is a bad performer in the overall market: 91% of all stocks are doing better.
- PCTY is one of the lesser performing stocks in the Professional Services industry. 70% of 87 stocks in the same industry do better.
- PCTY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PCTY is lagging the market.
- In the last month PCTY has a been trading in the 103.36 - 120.72 range, which is quite wide. It is currently trading near the lows of this range.
PCTY Weekly and Daily overview Charts
PCTY Setup Rating and Analysis
Although the technical rating is bad, PCTY does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
PCTY Support and Resistance Analysis
100.93
We found 2 important support areas.
- Support @105.39 from a horizontal line in the weekly time frame.
- Support @101.95 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 108.91 to 108.99. 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 118.94 to 120.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 132.92 to 134.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @144.71 from a trend line in the weekly time frame.
- Resistance @154.88 from a horizontal line in the daily time frame.
PCTY 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 | DOWN | NEGATIVE | The long term trend for PCTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCTY is down. |
| ChartMill Relative Strength | 9.07 | NEGATIVE | PCTY has a low relative strength, it was outperformed by 90.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.9 | NEUTRAL | The RSI value for PCTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PCTY has a negative trend. |
| Stochastics (14,3) | 19.85 | OVERSOLD | The low Stochastics value suggests PCTY may be oversold. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for PCTY suggests some volalility. |
| Average Directional Index/ADX (14) | 24.98 | NEUTRAL | The ADX value for PCTY suggests a possible start of a new trend. |
PCTY Chart- and CandleStick Pattern Analysis
PCTY Technicals: Chart, Performance Metrics, Trend & Indicators
106.14
+0.96 (+0.91%)
PAYLOCITY HOLDING CORP / PCTY TA FAQ
What is the ChartMill technical rating of PAYLOCITY HOLDING CORP (PCTY) stock?
ChartMill assigns a technical rating of 0 / 10 to PCTY.
What is the trend direction for PCTY stock?
The current trend direction for PAYLOCITY HOLDING CORP (PCTY) is Bearish.
Can you provide the RSI signal for PAYLOCITY HOLDING CORP?
PAYLOCITY HOLDING CORP (PCTY) has an RSI value of 41.898. This indicates that the stock is currently neutral.
What is the short term momentum for PCTY stock?
The short term momentum for PAYLOCITY HOLDING CORP (PCTY) is negative.
Can you provide the support and resistance levels for PAYLOCITY HOLDING CORP?
PAYLOCITY HOLDING CORP (PCTY) has a support level at 105.39 and a resistance level at 108.91. Check the full technical report for our detailed analysis of PCTY support and resistance levels.