Help us make better tools for you!. Read more (Published: 2017-01-12)

PYPL - PayPal Holdings Fri 13'th Jan 2017

Industry: Credit Services Sector: Financial
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Buy Candidate

Score: 4.95

#538 of 5193
Trend:
MV Long:
MV Short:
Pivot:
Volume:
MACD:
Accuracy: 68.75%
Risk: Low
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Stock analysis for Fri 13'th Jan 2017 (Updated daily)

Buy candidate since 2017-01-03

Gain 3.35%

PayPal Holdings Stock Analysis


PayPal Holdings gained 0.10% in the last trading day rising from, USD 41.56 to USD 41.60. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 7 of the last 10 days days and is up by 4.1% over the past 2 weeks. Volume also increased in the last day along with the price, which is a positive technical sign, and ,in total, 0.11 million more shares traded than the day before. In total there were 3.92 million shares were bought and sold for approximately USD 163 million.

Trend

PayPal Holdings lays in the middle of a wide and weak falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.4% during the next 3 months and, with 90% probability will hold a price between USD 36.96 and USD 42.18 at the end of this period.

Signals

Only positive signals in the chart today. PayPal Holdings holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at USD 41.35 and USD 39.95. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday December 30, 2016, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

The stock had a Golden Star Signal* on Wednesday December 07, 2016 in the mediumterm chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Relative Strength Index (RSI)

The stock holds a RSI14 at 73 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Support & Resistance

PayPal Holdings finds support from accumulated volume at USD 40.09, USD 40.08, and USD 38.81. On the upside the stock meets some resistance just above today's level from accumulated volume at USD 41.76, USD 43.87 and USD 44.15.

The stock is about to test the resistance from accumulated volume at USD 41.76 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day the stock moved USD 0.31 between high and low, and this equals 0.75%. For the last week, the stock has had a daily average volatility of 1.60%.

Our recommended stoploss: USD 41.54 (-0.14%) ( criteria: risk and position in trend)

Evaluation

Several short-term signals are positive and despite the stock being in a weak falling trend we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Buy Candidate


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