PAYMENTUS HOLDINGS INC-A (PAY)

US70439P1084 - Common Stock

34.2  +1.25 (+3.79%)

Premarket: 34.29 +0.09 (+0.26%)

Technical Rating and Analysis

9

Overall PAY gets a technical rating of 9 out of 10. 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 31.64 - 38.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, PAY did better than 95% 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 94% of 99 stocks in the same industry.
PAY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PAY is performing more or less in line with the market.
Weekly and Daily overview Charts
PAY Weekly chart
PAY Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, PAY also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

20.72

38.74

We found 5 important support areas.

  • Support @32.11 from a horizontal line in the daily time frame.
  • A support zone ranging from 30.41 to 30.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.90 from a trend line in the weekly time frame.
  • Support @21.51 from a trend line in the daily time frame.
  • Support @20.93 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @34.71 from a trend line in the daily time frame.
  • A resistance zone ranging from 37.82 to 38.36. 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
CRS95.8
Mansfield4.38
10 Day High35.98
10 Day Low31.64
20 Day High38.94
20 Day Low31.64
52 Week High38.94
52 Week Low14.77
Performance
1 Week-0.44%
2 Weeks-1.18%
1 Month-5.81%
3 Month56.02%
6 Month82.79%
12 Month88.85%
2 Year326.97%
3 Year-2.23%
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)-0.61
RSI(14)51.86
LBB31.52
UBB38.21
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
34.7232.102.62 (7.55%)13.25%
An entry @34.72. This is a Buy Stop order right above the resistance zone.An exit @32.10. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.62 points, which is 7.55%.For a 1.00% total portfolio risk, you can invest 13.25% of your capital in this trade.

  • 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.
PAY Daily chart

PAYMENTUS HOLDINGS INC-A

NYSE:PAY (12/20/2024, 8:04:01 PM)

Premarket: 34.29 +0.09 (+0.26%)

34.2

+1.25 (+3.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.79%
1 Week-0.44%
2 Weeks-1.18%
1 Month-5.81%
3 Month56.02%
6 Month82.79%
12 Month88.85%
2 Year326.97%
3 Year-2.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%5.07%
ATR Inc26.51%
Range Today1.79
ADR(20)1.72
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.8
Mansfield4.38
10 Day High35.98
10 Day Low31.64
20 Day High38.94
20 Day Low31.64
52 Week High38.94
52 Week Low14.77
CS1 End32.11
CR1 Start34.71
Volume & EV
DER(3)0.38%
DER(5)2.41%
Volume1.27M
Volume Incr23.82%
Vol(5)609.64K
Vol(50)458.79K