Taking everything into account, PCTY scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PCTY was also a bad performer in the overall market in the last year.
Although the technical rating is bad, PCTY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 151.53. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
137.03
We found 3 important support areas.
- A support zone ranging from 146.66 to 147.63. 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 141.26 to 143.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @138.41 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 151.53 to 154.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @159.40 from a trend line in the weekly time frame.
- Resistance @183.60 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 PCTY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCTY is neutral. |
| ChartMill Relative Strength | 18.93 | NEGATIVE | PCTY has a low relative strength, it was outperformed by 81.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PCTY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCTY is above the rising 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) | 49.51 | NEUTRAL | The RSI value for PCTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PCTY has a negative trend. |
| Stochastics (14,3) | 80.85 | OVERBOUGHT | The high Stochastics value suggests PCTY may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for PCTY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.21 | NEGATIVE | The low ADX value for PCTY suggests a weak or negative trend. |
150.39
-3.34 (-2.17%)
PAYLOCITY HOLDING CORP / PCTY FAQ
What is the ChartMill technical rating of PAYLOCITY HOLDING CORP (PCTY) stock?
ChartMill assigns a technical rating of 2 / 10 to PCTY.
What is the current trend direction of PAYLOCITY HOLDING CORP (PCTY) stock?
The current trend direction for PAYLOCITY HOLDING CORP (PCTY) is Bearish.
What is the RSI signal for PAYLOCITY HOLDING CORP (PCTY) stock?
PAYLOCITY HOLDING CORP (PCTY) has an RSI value of 49.5082. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PAYLOCITY HOLDING CORP?
The MACD indicator for PAYLOCITY HOLDING CORP (PCTY) has a value of -0.122414, indicating a bearish trend.