PAYCOM SOFTWARE INC (PAYC) Stock Technical Analysis
NYSE:PAYC - New York Stock Exchange, Inc. - US70432V1026 - Common Stock - Currency: USD
Overall PAYC gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PAYC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
PAYC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAYC is lagging the market slightly.
When comparing the performance of all stocks over the past year, PAYC turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
PAYC is part of the Professional Services industry. There are 82 other stocks in this industry, PAYC did better than 69% of them.
In the last month PAYC has a been trading in the 199.10 - 217.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PAYC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 210.98, a Stop Loss order could be placed below this zone.
More info and screens
186.49
242.66
We found 3 important support areas.
- A support zone ranging from 204.10 to 210.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 199.41 to 199.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @188.37 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @216.03 from a trend line in the weekly time frame.
- A resistance zone ranging from 236.49 to 240.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.58
Mansfield0.82
10 Day High217.49
10 Day Low199.11
20 Day High217.93
20 Day Low199.11
52 Week High242.74
52 Week Low139.5
Performance
1 Week0.51%
2 Weeks3.93%
1 Month3.81%
3 Month-7.49%
6 Month30.53%
12 Month15.37%
2 Year-26.29%
3 Year-37.19%
5 Year-24.62%
10 Year568.32%
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)1.26
RSI(14)55.36
LBB198.82
UBB217.61
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 216.04 | 204.09 | 11.95 (5.53%) | 18.08% |
| An entry @216.04. This is a Buy Stop order right above the resistance zone. | An exit @204.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.95 points, which is 5.53%. | When investing 18.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
213.06
-1.34 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.62%
1 Week0.51%
2 Weeks3.93%
1 Month3.81%
3 Month-7.49%
6 Month30.53%
12 Month15.37%
2 Year-26.29%
3 Year-37.19%
5 Year-24.62%
10 Year568.32%
15 YearN/A
Volatility
ATR(14)6.86
ATR(20)%3.17%
ATR Inc-16.57%
Range Today5.52
ADR(20)6.55
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.58
Mansfield0.82
10 Day High217.49
10 Day Low199.11
20 Day High217.93
20 Day Low199.11
52 Week High242.74
52 Week Low139.5
CS1 End210.98
CR1 Start216.03
Volume & EV
DER(3)-0.37%
DER(5)1.53%
Volume597.40K
Volume Incr3.14%
Vol(5)591.74K
Vol(50)568.20K