RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PAR
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PAR Technology Corporation stock price up 1.82% on Monday
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 10, 2024 Gain 18.07% PDF

The PAR Technology Corporation stock price gained 1.82% on the last trading day (Monday, 22nd Jul 2024), rising from $53.27 to $54.24. It has now gained 3 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. During the last trading day the stock fluctuated 2.97% from a day low at $53.14 to a day high of $54.72. The price has risen in 8 of the last 10 days and is up by 16.37% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 94 thousand more shares were traded than the day before. In total, 275 thousand shares were bought and sold for approximately $14.94 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $54.03, a level that may pose a second chance to hit a runner. According to fan-theory $63.23 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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PAR Signals & Forecast

The PAR Technology Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $52.17 and $46.56. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 21, 2024, and so far it has risen 27.20%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Friday, June 21, 2024 with a target of $49.72. Despite whether the objective of the signal formation has been reached the stock may continue to perform well.

Support, Risk & Stop-loss for PAR Technology Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $49.65 and $42.64. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, PAR Technology Corporation finds support just below today's level at $49.65. If this is broken, then the next support from accumulated volume will be at $42.64 and $41.49.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.58 between high and low, or 2.97%. For the last week, the stock has had daily average volatility of 2.90%.

The PAR Technology Corporation stock is extremely overbought on RSI14 (81). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $52.41 (-3.38%) (This stock has high daily movements and this gives high risk. The RSI14 is 81 and this increases the risk substantially. There is a buy signal from a pivot bottom found 32 days ago.)

Trading Expectations (PAR) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect PAR Technology Corporation to open at $54.03, and during the day (based on 14 day Average True Range), to move between $52.44 and $56.04, which gives a possible trading interval of +/-$1.80 (+/-3.31%) up or down from last closing price. If PAR Technology Corporation takes out the full calculated possible swing range there will be an estimated 6.62% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $49.65, some $4.59 (8.46%) from the current price of $54.24, our system finds the risk reward attractive.

Is PAR Technology Corporation stock A Buy?

PAR Technology Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for PAR Technology Corporation of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$54.03 ( 0.381%) $54.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PAR

Fibonacci Support & Resistance Levels

Level Price
R3 55.61 2.53%
R2 55.01 1.42%
R1 54.64 0.732%
Price 54.24
S1 53.43 -1.49%
S2 53.06 -2.18%
S3 52.45 -3.29%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 54.24
S1 49.65 -8.46%
S2 42.64 -21.39%
S3 41.49 -23.51%

PAR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 04, 2019 Sep 26, 2019 Oct 11, 2019 $0.310 1.36%
2 Sep 18, 2017 Sep 28, 2017 Oct 16, 2017 $0.0170 0.155%
3 Aug 16, 2017 Aug 29, 2017 Sep 15, 2017 $0.0170 0.166%

FAQ

What is the symbol for PAR Technology Corporation Stock and on which exchange is it traded?
The symbol for PAR Technology Corporation is PAR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell PAR Technology Corporation Stock?
PAR Technology Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy PAR Technology Corporation Stock?
PAR Technology Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PAR Technology Corporation Stock.

What's the current price of PAR Technology Corporation Stock?
As of the end of day on the Jul 22, 2024, the price of an PAR Technology Corporation (PAR) share was $54.24.

What is the 52-week high and low for PAR Technology Corporation Stock?
The 52-week high for PAR Technology Corporation Stock is $54.72 and the 52-week low is $28.22.

What is the market capitalization of PAR Technology Corporation Stock?
As of the Jul 22, 2024, the market capitalization of PAR Technology Corporation is 1.811B.

When is the next earnings date for PAR Technology Corporation?
The upcoming earnings date for PAR Technology Corporation is Aug 14, 2024.
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About PAR Technology Corporation

PAR Technology PAR Technology Corporation, together with its subsidiaries, provides technology solutions to the restaurant and retail industries worldwide. The company operates in two segments, Restaurant/Retail and Government. The Restaurant/Retail segment offers point-of-sale (POS) technology solutions, including Brink POS, an open cloud solution that integrates with third party products and in-house systems; Punchh, an enterprise-grade customer loyalty and e... PAR Profile

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