PAYPAL HOLDINGS INC. - Daily - Technical analysis published on 03/12/2024 (GMT)
- 130
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
6%
44%
My opinion
Neutral between 58.50 USD and 60.89 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 58.50 USD. The first resistance is located at 60.89 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PAYPAL HOLDINGS INC. rating 59.53 USD. The price registered a decrease of -0.92% on the session with the lowest point at 59.30 USD and the highest point at 60.25 USD. The deviation from the price is +0.39% for the low point and -1.20% for the high point.59.30
60.25
59.53
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of PAYPAL HOLDINGS INC. in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 50.39 | 56.12 | 58.50 | 59.53 | 60.89 | 65.83 | 72.03 |
| Change (%) | -15.35% | -5.73% | -1.73% | - | +2.28% | +10.58% | +21.00% |
| Change | -9.14 | -3.41 | -1.03 | - | +1.36 | +6.30 | +12.50 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.99 | 58.47 | 59.27 | 59.75 | 60.55 | 61.03 | 61.83 |
| Camarilla | 59.73 | 59.85 | 59.96 | 60.08 | 60.20 | 60.32 | 60.43 |
| Woodie | 58.16 | 58.55 | 59.44 | 59.83 | 60.72 | 61.11 | 62.00 |
| Fibonacci | 58.47 | 58.96 | 59.26 | 59.75 | 60.24 | 60.54 | 61.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.68 | 56.28 | 57.64 | 59.24 | 60.60 | 62.20 | 63.56 |
| Camarilla | 58.20 | 58.47 | 58.74 | 59.01 | 59.28 | 59.55 | 59.82 |
| Woodie | 54.57 | 56.22 | 57.53 | 59.18 | 60.49 | 62.14 | 63.45 |
| Fibonacci | 56.28 | 57.41 | 58.11 | 59.24 | 60.37 | 61.07 | 62.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.64 | 51.21 | 55.77 | 60.34 | 64.90 | 69.47 | 74.03 |
| Camarilla | 57.83 | 58.67 | 59.50 | 60.34 | 61.18 | 62.01 | 62.85 |
| Woodie | 46.65 | 51.21 | 55.78 | 60.34 | 64.91 | 69.47 | 74.04 |
| Fibonacci | 51.21 | 54.69 | 56.85 | 60.34 | 63.82 | 65.98 | 69.47 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.23 | |
| MACD (12,26,9): | -0.3300 | |
| Directional Movement: | 3.18 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 59.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.75 | |
| Elder Ray (13): | 0.46 | |
| Super Trend (3,10): | 63.72 | |
| Zig ZAG (10): | 59.50 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 49.83 | |
| TEMA (21): | 58.97 | |
| Williams %R (14): | -52.67 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 1.75 |
| MA7: | 59.06 | |
| MA20: | 59.19 | |
| MA50: | 60.54 | |
| MA100: | 58.85 | |
| MAexp7: | 59.33 | |
| MAexp20: | 59.55 | |
| MAexp50: | 59.93 | |
| MAexp100: | 60.22 | |
| Price / MA7: | +0.80% | |
| Price / MA20: | +0.57% | |
| Price / MA50: | -1.67% | |
| Price / MA100: | +1.16% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.67% | |
| Price / MAexp100: | -1.15% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
Don't forget to follow the news on PAYPAL HOLDINGS INC.. At the time of publication of this analysis, the latest news was as follows:
- Tap to Pay on iPhone Now Available for Venmo and PayPal Zettle Businesses in the U.S.
- PayPal Names Amy Bonitatibus as Chief Corporate Affairs and Communications Officer
- Geoff Seeley Joins PayPal as Chief Marketing Officer
- Thinking about trading options or stock in Children's Place, C3.ai, PayPal, Coinbase Global, or DraftKings?
-
PayPal slides on disappointing profit growth outlook
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis PAYPAL HOLDINGS INC. - Daily