PAYLOCITY HOLDING CORP (PCTY) Stock Technical Analysis
NASDAQ:PCTY - Nasdaq - US70438V1061 - Common Stock - Currency: USD
Taking everything into account, PCTY scores 6 out of 10 in our technical rating. PCTY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month PCTY has a been trading in the 199.20 - 223.80 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.
PCTY is one of the better performing stocks in the Professional Services industry, it outperforms 77% of 82 stocks in the same industry.
PCTY 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 PCTY is lagging the market slightly.
Looking at the yearly performance, PCTY did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PCTY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 202.94, a Stop Loss order could be placed below this zone.
More info and screens
188.26
220.05
3 important support areas can be observed.
- A support zone ranging from 201.25 to 202.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @194.78 from a horizontal line in the daily time frame.
- A support zone ranging from 190.16 to 191.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 206.14 to 217.87. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS74.04
Mansfield1.11
10 Day High223.8
10 Day Low202.44
20 Day High223.8
20 Day Low199.2
52 Week High223.8
52 Week Low129.94
Performance
1 Week-5.86%
2 Weeks-3.39%
1 Month0.64%
3 Month-0.22%
6 Month30.93%
12 Month18.11%
2 Year6.34%
3 Year-3.59%
5 Year58.14%
10 Year585.25%
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)-0.68
RSI(14)46.89
LBB202.58
UBB219.6
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 |
|---|---|---|---|
| 211.71 | 202.43 | 9.28 (4.38%) | 22.82% |
| An entry @211.71. This is a Buy Stop order right above the 10 day moving average. | An exit @202.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.28 points, which is 4.38%. | For a 1.00% total portfolio risk, you can invest 22.82% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PCTY. 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.
204.82
-1.6 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.78%
1 Week-5.86%
2 Weeks-3.39%
1 Month0.64%
3 Month-0.22%
6 Month30.93%
12 Month18.11%
2 Year6.34%
3 Year-3.59%
5 Year58.14%
10 Year585.25%
15 YearN/A
Volatility
ATR(14)6.94
ATR(20)%3.44%
ATR Inc-15.19%
Range Today3.04
ADR(20)6.83
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.04
Mansfield1.11
10 Day High223.8
10 Day Low202.44
20 Day High223.8
20 Day Low199.2
52 Week High223.8
52 Week Low129.94
CS1 End202.94
CR1 Start206.14
Volume & EV
DER(3)0.15%
DER(5)-0.65%
Volume369.10K
Volume Incr-23.62%
Vol(5)429.12K
Vol(50)453.54K