PAYPAL HOLDINGS INC (PYPL) Stock Technical Analysis
NASDAQ:PYPL - Nasdaq - US70450Y1038 - Common Stock - Currency: USD
Taking everything into account, PYPL scores 8 out of 10 in our technical rating. 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PYPL is one of the better performing stocks in the Financial Services industry, it outperforms 85% of 100 stocks in the same industry.
In the last month PYPL has a been trading in the 70.79 - 78.81 range, which is quite wide. It is currently trading near the high of this range.
PYPL has an average volume of 9194800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PYPL did better than 83% of all other 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.
Although PYPL has an excellent technical rating, the quality of the presented setup is not ideal 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
58.32
79.41
When analyzing the support we can see 5 important areas.
- A support zone ranging from 72.80 to 75.11. 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 one important area.
- A resistance zone ranging from 77.99 to 78.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 83.8 | POSITIVE | PYPL has a high relative strength, it outperformed 83.8% 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 | MIXED | The current price of PYPL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.2 | NEUTRAL | The RSI value for PYPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests PYPL has a positive trend. |
| Stochastics (14,3) | 89.05 | OVERBOUGHT | The high Stochastics value suggests PYPL may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for PYPL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.47 | 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)
77.98
+0.16 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.21%
1 Week5.14%
2 Weeks9.28%
1 Month6.57%
3 Month19.35%
6 Month-12.49%
12 Month33.78%
2 Year2.85%
3 Year-9.88%
5 Year-60.23%
10 Year101.5%
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%2.25%
ATR Inc-8.45%
Range Today1.31
ADR(20)1.67
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.8
Mansfield-0.58
10 Day High78.82
10 Day Low71.54
20 Day High78.82
20 Day Low70.79
52 Week High93.66
52 Week Low55.85
CS1 End75.11
CR1 Start77.99
Volume & EV
DER(3)-2.08%
DER(5)-0.68%
Volume6.89M
Volume Incr-10.36%
Vol(5)8.79M
Vol(50)9.19M