PAYLOCITY HOLDING CORP (PCTY)
US70438V1061 - Common Stock
We assign a technical rating of 8 out of 10 to PCTY. In the last year, PCTY was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PCTY has a been trading in the 193.50 - 212.92 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 may just continue or reversal may be around the corner!
Looking at the yearly performance, PCTY did better than 84% of all other stocks.
PCTY is one of the better performing stocks in the Professional Services industry, it outperforms 82% of 81 stocks in the same industry.
PCTY 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 PCTY is performing more or less in line with the market.
Besides having an excellent technical rating, PCTY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 196.82, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
184.61
215.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 194.39 to 196.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 186.47 to 187.38. 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 209.83 to 213.80. 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
CRS84.28
Mansfield0.86
10 Day High209.8
10 Day Low193.5
20 Day High212.92
20 Day Low193.5
52 Week High215.68
52 Week Low129.94
Performance
1 Week-1.67%
2 Weeks-4.36%
1 Month-2.44%
3 Month21.07%
6 Month44.75%
12 Month19.84%
2 Year1.32%
3 Year-16.65%
5 Year62.91%
10 Year653.85%
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)-1.97
RSI(14)45.16
LBB194.21
UBB210.8
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 |
|---|---|---|---|
| 200.83 | 194.38 | 6.44 (3.21%) | 25.00% |
| An entry @200.82. This is a Buy Stop order right above the 10 day moving average. | An exit @194.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.44 points, which is 3.21%. | For a 0.80% total portfolio risk, you can invest 25.00% 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.
PAYLOCITY HOLDING CORP
NASDAQ:PCTY (12/20/2024, 8:00:00 PM)
After market: 196.83 0 (0%)196.83
+0.63 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.32%
1 Week-1.67%
2 Weeks-4.36%
1 Month-2.44%
3 Month21.07%
6 Month44.75%
12 Month19.84%
2 Year1.32%
3 Year-16.65%
5 Year62.91%
10 Year653.85%
15 YearN/A
Volatility
ATR(14)5.9
ATR(20)%2.8%
ATR Inc-22.26%
Range Today5.25
ADR(20)5.43
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.28
Mansfield0.86
10 Day High209.8
10 Day Low193.5
20 Day High212.92
20 Day Low193.5
52 Week High215.68
52 Week Low129.94
CS1 End196.82
CR1 Start209.83
Volume & EV
DER(3)1.32%
DER(5)1.82%
Volume751.60K
Volume Incr14.87%
Vol(5)426.98K
Vol(50)411.58K