PAYPAL HOLDINGS INC (PYPL) Stock Technical Analysis
NASDAQ:PYPL • US70450Y1038
We assign a technical rating of 0 out of 10 to PYPL. PYPL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PYPL is a bad performer in the overall market: 92% of all stocks are doing better.
- PYPL is one of the lesser performing stocks in the Financial Services industry. 88% of 97 stocks in the same industry do better.
- PYPL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- PYPL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- PYPL has an average volume of 21261000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PYPL 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
38.68
We found 1 important support area.
- Support @39.07 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 41.74 to 41.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.78 from a trend line in the daily time frame.
- Resistance @55.78 from a trend line in the daily time frame.
- Resistance @62.61 from a trend line in the weekly time frame.
- Resistance @76.59 from a horizontal line in the daily time frame.
- Resistance @78.22 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 | DOWN | NEGATIVE | The long term trend for PYPL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PYPL is down. |
| ChartMill Relative Strength | 8.2 | NEGATIVE | PYPL has a low relative strength, it was outperformed by 91.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PYPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PYPL is below a declining 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) | 29.53 | OVERSOLD | The low RSI value suggests PYPL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PYPL has a positive trend. |
| Stochastics (14,3) | 18.22 | OVERSOLD | The low Stochastics value suggests PYPL may be oversold. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for PYPL suggests some volalility. |
| Average Directional Index/ADX (14) | 51.55 | POSITIVE | The high ADX value value for PYPL suggests a strong trend. |
41.73
+0.28 (+0.68%)
PAYPAL HOLDINGS INC / PYPL FAQ
Can you provide the ChartMill technical rating for PAYPAL HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 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.
Can you provide the RSI signal for PAYPAL HOLDINGS INC?
PAYPAL HOLDINGS INC (PYPL) has an RSI value of 29.5256. This indicates that the stock is currently oversold.
What is the MACD signal for PAYPAL HOLDINGS INC (PYPL) stock?
The MACD indicator for PAYPAL HOLDINGS INC (PYPL) has a value of 0.0319644, indicating a bearish trend.
What is the short term momentum for PYPL stock?
The short term momentum for PAYPAL HOLDINGS INC (PYPL) is negative.