PAYPAL HOLDINGS INC (PYPL) Stock Technical Analysis
NASDAQ:PYPL - Nasdaq - US70450Y1038 - Common Stock - Currency: USD
Overall PYPL gets a technical rating of 8 out of 10. PYPL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PYPL is part of the Financial Services industry. There are 100 other stocks in this industry. PYPL outperforms 84% of them.
In the last month PYPL has a been trading in the 70.16 - 77.36 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
PYPL has an average volume of 9276420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PYPL is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PYPL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PYPL is lagging the market.
Besides having an excellent technical rating, PYPL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 74.69, a Stop Loss order could be placed below this zone.
More info and screens
58.32
79.41
When analyzing the support we can see 5 important areas.
- A support zone ranging from 72.35 to 74.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.85 to 70.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.57 from a horizontal line in the daily time frame.
- Support @60.07 from a trend line in the weekly time frame.
- Support @58.91 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @75.12 from a trend line in the daily time frame.
- A resistance zone ranging from 76.59 to 76.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @78.62 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 | NEUTRAL | NEUTRAL | The long term trend for PYPL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PYPL is up. |
| ChartMill Relative Strength | 81.18 | POSITIVE | PYPL has a high relative strength, it outperformed 81.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PYPL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PYPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PYPL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.97 | NEUTRAL | The RSI value for PYPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PYPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.17 | NEUTRAL | The Stochastics value for PYPL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for PYPL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for PYPL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 75.13 | 72.34 | 2.79 (3.71%) | 25.00% |
| An entry @75.13. This is a Buy Stop order right above the resistance zone. | An exit @72.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.79 points, which is 3.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- The distance between exit and entry is rather small compared to the average daily movement of PYPL. Please evaluate whether better entry and exit points can be found.
- 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.
74.82
+0.65 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.88%
1 Week1.26%
2 Weeks-1.79%
1 Month6.81%
3 Month14.51%
6 Month-16.04%
12 Month28.36%
2 Year-1.32%
3 Year-13.53%
5 Year-61.84%
10 Year93.33%
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%2.45%
ATR Inc-15.3%
Range Today1.99
ADR(20)1.75
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.18
Mansfield-0.83
10 Day High76.52
10 Day Low70.79
20 Day High77.36
20 Day Low70.16
52 Week High93.66
52 Week Low55.85
CS1 End74.69
CR1 Start75.12
Volume & EV
DER(3)1.39%
DER(5)0.1%
Volume8.20M
Volume Incr-19.89%
Vol(5)8.55M
Vol(50)9.28M