PAYCOR HCM INC (PYCR) Technical Analysis
NASDAQ:PYCR • US70435P1021
Current stock price
PYCR Technical Rating and Analysis
Taking everything into account, PYCR scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PYCR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- PYCR is part of the Professional Services industry. There are 87 other stocks in this industry. PYCR outperforms 91% of them.
- PYCR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PYCR is leading the market.
- PYCR has an average volume of 2668920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, PYCR did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month PYCR has a been trading in a tight range between 22.34 and 22.52.
- Volume is considerably higher in the last couple of days.
PYCR Weekly and Daily overview Charts
PYCR Setup Rating and Analysis
PYCR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PYCR 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
PYCR Support and Resistance Analysis
21.56
When analyzing the support we notice one important area.
- A support zone ranging from 21.78 to 22.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.50 to 22.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
PYCR 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 PYCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PYCR is up. |
| ChartMill Relative Strength | 88.95 | POSITIVE | PYCR has a high relative strength, it outperformed 88.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PYCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PYCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PYCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for PYCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PYCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.93 | NEUTRAL | The Stochastics value for PYCR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for PYCR suggests low volalility. |
| Average Directional Index/ADX (14) | 43.25 | POSITIVE | The high ADX value value for PYCR suggests a strong trend. |
PYCR Chart- and CandleStick Pattern Analysis
PYCR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.53 | 22.33 | 0.20 (0.89%) | 25.00% |
| An entry @22.53. This is a Buy Stop order right above the 10 day high. | An exit @22.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 0.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.22%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PYCR Technicals: Chart, Performance Metrics, Trend & Indicators
22.49
+0.04 (+0.18%)
PAYCOR HCM INC / PYCR TA FAQ
What is the technical rating for PYCR stock?
ChartMill assigns a technical rating of 8 / 10 to PYCR.
What is the current trend direction of PAYCOR HCM INC (PYCR) stock?
The current trend direction for PAYCOR HCM INC (PYCR) is Bullish.
What is the RSI signal for PYCR stock?
PAYCOR HCM INC (PYCR) has an RSI value of 63.0803. This indicates that the stock is currently neutral.
What is the MACD signal for PYCR stock?
The MACD indicator for PAYCOR HCM INC (PYCR) has a value of -0.0126351, indicating a bearish trend.
Can you provide the support and resistance levels for PAYCOR HCM INC?
PAYCOR HCM INC (PYCR) has a support level at 22.46 and a resistance level at 22.5. Check the full technical report for our detailed analysis of PYCR support and resistance levels.