PAYPAL HOLDINGS INC (PYPL) Technical Analysis
NASDAQ:PYPL • US70450Y1038
Current stock price
PYPL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to PYPL. In the past year, PYPL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, PYPL is a bad performer in the overall market: 84% of all stocks are doing better.
- PYPL is part of the Financial Services industry. There are 100 other stocks in this industry, of which 73% are performing better than PYPL.
- PYPL 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.
- PYPL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- PYPL has an average volume of 18874000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PYPL Weekly and Daily overview Charts
PYPL Setup Rating and Analysis
PYPL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
PYPL Support and Resistance Analysis
43.14
When analyzing the support we can see 3 important areas.
- Support @50.36 from a trend line in the daily time frame.
- A support zone ranging from 46.73 to 47.20. 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 43.58 to 43.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 50.47 to 51.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.49 from a trend line in the weekly time frame.
PYPL 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 PYPL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PYPL is up. |
| ChartMill Relative Strength | 16.62 | NEGATIVE | PYPL has a low relative strength, it was outperformed by 83.38% 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) | 59.2 | NEUTRAL | The RSI value for PYPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PYPL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.38 | NEUTRAL | The Stochastics value for PYPL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for PYPL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for PYPL suggests a possible start of a new trend. |
PYPL Chart- and CandleStick Pattern Analysis
PYPL Technicals: Chart, Performance Metrics, Trend & Indicators
50.44
+0.3 (+0.6%)
PAYPAL HOLDINGS INC / PYPL TA FAQ
Can you provide the ChartMill technical rating for PAYPAL HOLDINGS INC?
ChartMill assigns a technical rating of 4 / 10 to PYPL.
What is the current trend direction of PAYPAL HOLDINGS INC (PYPL) stock?
The current trend direction for PAYPAL HOLDINGS INC (PYPL) is Bearish.
What is the RSI signal for PAYPAL HOLDINGS INC (PYPL) stock?
PAYPAL HOLDINGS INC (PYPL) has an RSI value of 59.2035. This indicates that the stock is currently neutral.
What is the buy/sell signal for PAYPAL HOLDINGS INC (PYPL) stock?
The buy/sell signal for PAYPAL HOLDINGS INC (PYPL) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for PAYPAL HOLDINGS INC (PYPL) stock?
PAYPAL HOLDINGS INC (PYPL) has a support level at 50.36 and a resistance level at 50.47. Check the full technical report for our detailed analysis of PYPL support and resistance levels.