We assign a technical rating of 1 out of 10 to PCTY. PCTY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PCTY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 147.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 146.78, a Stop Loss order could be placed below this zone.
More info and screens
137.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 146.16 to 146.78. 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 142.08. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @138.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 147.45 to 148.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @164.30 from a trend line in the weekly time frame.
- Resistance @183.21 from a horizontal line in the daily time frame.
- Resistance @196.16 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 | 15.03 | NEGATIVE | PCTY has a low relative strength, it was outperformed by 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCTY is above the rising 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) | 49.45 | NEUTRAL | The RSI value for PCTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests PCTY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.33 | NEUTRAL | The Stochastics value for PCTY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for PCTY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | NEGATIVE | The low ADX value for PCTY suggests a weak or negative trend. |
146.91
-0.07 (-0.05%)
PAYLOCITY HOLDING CORP / PCTY FAQ
What is the ChartMill technical rating of PAYLOCITY HOLDING CORP (PCTY) stock?
ChartMill assigns a technical rating of 1 / 10 to PCTY.
Can you provide the trend direction for PAYLOCITY HOLDING CORP?
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 49.4461. 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 neutral.
What are the support and resistance levels for PAYLOCITY HOLDING CORP (PCTY) stock?
PAYLOCITY HOLDING CORP (PCTY) has a support level at 146.78 and a resistance level at 147.45. Check the full technical report for our detailed analysis of PCTY support and resistance levels.