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PAYMENTUS HOLDINGS INC-A (PAY) Stock Technical Analysis

NYSE:PAY - New York Stock Exchange, Inc. - US70439P1084 - Common Stock - Currency: USD

30.62  -0.62 (-1.98%)

After market: 30.62 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PAY. In the last year, PAY was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month PAY has a been trading in the 29.11 - 35.65 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, PAY did better than 93% of all other stocks. On top of that, PAY also shows a nice and consistent pattern of rising prices.
PAY is one of the better performing stocks in the Financial Services industry, it outperforms 93% of 101 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
Weekly and Daily overview Charts
PAYMENTUS HOLDINGS INC-A / PAY Weekly stock chart
PAYMENTUS HOLDINGS INC-A / PAY Daily stock chart
Setup Rating and Analysis

7

PAY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.10

35.36

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 30.14 to 30.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @22.69 from a trend line in the weekly time frame.
  • Support @22.09 from a trend line in the daily time frame.
  • Support @21.31 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 33.33 to 33.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 35.01 to 35.01. 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
CRS93.5
Mansfield2.27
10 Day High33.05
10 Day Low29.11
20 Day High35.65
20 Day Low29.11
52 Week High38.94
52 Week Low14.77
Performance
1 Week2.8%
2 Weeks-5.3%
1 Month-5.19%
3 Month27.35%
6 Month46.67%
12 Month93.08%
2 Year259.49%
3 Year18.87%
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)-0.15
RSI(14)45.17
LBB28.74
UBB34.25
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
30.7730.130.64 (2.08%)25.00%
An entry @30.77. This is a Buy Stop order right above the 10 day moving average.An exit @30.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.64 points, which is 2.08%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%.

  • The distance between exit and entry is rather small compared to the average daily movement of PAY. 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.
PAYMENTUS HOLDINGS INC-A / PAY Daily stock chart

PAYMENTUS HOLDINGS INC-A

NYSE:PAY (1/23/2025, 4:15:01 PM)

After market: 30.62 0 (0%)

30.62

-0.62 (-1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.98%
1 Week2.8%
2 Weeks-5.3%
1 Month-5.19%
3 Month27.35%
6 Month46.67%
12 Month93.08%
2 Year259.49%
3 Year18.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%4.4%
ATR Inc-26.32%
Range Today1
ADR(20)1.35
ADR(20)%4.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.5
Mansfield2.27
10 Day High33.05
10 Day Low29.11
20 Day High35.65
20 Day Low29.11
52 Week High38.94
52 Week Low14.77
CS1 End30.14
CR1 Start33.33
Volume & EV
DER(3)2.64%
DER(5)0.08%
Volume303.49K
Volume Incr-24.98%
Vol(5)388.82K
Vol(50)537.97K