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PAYFARE INC (PAY.CA) Stock Technical Analysis

TSX:PAY - Toronto Stock Exchange - CA70437C1095 - Common Stock - Currency: CAD

3.93  +0.01 (+0.26%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to PAY. PAY has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

PAY is one of the better performing stocks in the Financial Services industry, it outperforms 84% of 33 stocks in the same industry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that PAY is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
PAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAY is lagging the market.
In the last month PAY has a been trading in a tight range between 3.86 and 3.96.
Weekly and Daily overview Charts
PAYFARE INC / PAY Weekly stock chart
PAYFARE INC / PAY Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, PAY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.83

4.01

When analyzing the support we notice one important area.

  • A support zone ranging from 3.87 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.96 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.78
Mansfield-3.38
10 Day High3.96
10 Day Low3.86
20 Day High3.96
20 Day Low3.86
52 Week High8.9
52 Week Low1.76
Performance
1 Week0.51%
2 Weeks-0.76%
1 Month0.77%
3 Month87.14%
6 Month-46.53%
12 Month-45.49%
2 Year-33.73%
3 Year-36.71%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)73.71
LBB3.89
UBB3.96
PAYFARE INC / PAY Daily stock chart

PAYFARE INC

TSX:PAY (2/7/2025, 7:00:00 PM)

3.93

+0.01 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.26%
1 Week0.51%
2 Weeks-0.76%
1 Month0.77%
3 Month87.14%
6 Month-46.53%
12 Month-45.49%
2 Year-33.73%
3 Year-36.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.95%
ATR Inc-9.26%
Range Today0.05
ADR(20)0.04
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.78
Mansfield-3.38
10 Day High3.96
10 Day Low3.86
20 Day High3.96
20 Day Low3.86
52 Week High8.9
52 Week Low1.76
CS1 End3.92
CR1 Start3.96
Volume & EV
DER(3)2.03%
DER(5)2.56%
Volume572.20K
Volume Incr-15.03%
Vol(5)380.01K
Vol(50)495.23K