PAYLOCITY HOLDING CORP (PCTY) Technical Analysis
NASDAQ:PCTY • US70438V1061
Current stock price
PCTY Technical Rating and Analysis
Taking everything into account, PCTY scores 3 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.
- 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. 69% of 85 stocks in the same industry do better.
- PCTY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PCTY has a been trading in the 92.99 - 110.31 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PCTY Weekly and Daily overview Charts
PCTY Setup Rating and Analysis
PCTY 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
PCTY Support and Resistance Analysis
101.23
We found 1 important support area.
- A support zone ranging from 102.25 to 103.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 109.61 to 109.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 126.99 to 128.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 138.84 to 139.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for PCTY is up. |
| ChartMill Relative Strength | 9.62 | NEGATIVE | PCTY has a low relative strength, it was outperformed by 90.38% 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) | 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) | 57.57 | NEUTRAL | The RSI value for PCTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.29 | POSITIVE | The MACD value suggests PCTY has a positive trend. |
| Stochastics (14,3) | 91.45 | OVERBOUGHT | The high Stochastics value suggests PCTY may be overbought. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for PCTY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for PCTY suggests a weak or negative trend. |
PCTY Chart- and CandleStick Pattern Analysis
PCTY Technicals: Chart, Performance Metrics, Trend & Indicators
109.6
+4.11 (+3.9%)
PAYLOCITY HOLDING CORP / PCTY TA FAQ
What is the ChartMill technical rating of PAYLOCITY HOLDING CORP (PCTY) stock?
ChartMill assigns a technical rating of 3 / 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 57.5732. 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 positive.
Can you provide the support and resistance levels for PAYLOCITY HOLDING CORP?
PAYLOCITY HOLDING CORP (PCTY) has a support level at 103.98 and a resistance level at 109.61. Check the full technical report for our detailed analysis of PCTY support and resistance levels.