PAYPAL HOLDINGS INC. - 1H - Technical analysis published on 07/19/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 299.01 USD
My targets
289.00 USD (-1.72%)
275.43 USD (-6.34%)
My analysis
PAYPAL HOLDINGS INC. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 299.01 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 289.00 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 275.43 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 265.31 USD. Beware of a possible return to above the resistance located at 299.01 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PAYPAL HOLDINGS INC. price is 294.07 USD. The price is lower by -0.19% since the last closing and was traded between 288.81 USD and 295.07 USD over the period. The price is currently at +1.82% from its lowest and -0.34% from its highest.288.81
295.07
294.07
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this PAYPAL HOLDINGS INC. chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 265.31 | 275.43 | 289.00 | 294.07 | 294.99 | 299.01 | 304.79 |
| Change (%) | -9.78% | -6.34% | -1.72% | - | +0.31% | +1.68% | +3.65% |
| Change | -28.76 | -18.64 | -5.07 | - | +0.92 | +4.94 | +10.72 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 288.82 | 291.63 | 293.13 | 295.94 | 297.44 | 300.25 | 301.75 |
| Camarilla | 293.45 | 293.84 | 294.24 | 294.63 | 295.03 | 295.42 | 295.82 |
| Woodie | 288.17 | 291.30 | 292.48 | 295.61 | 296.79 | 299.92 | 301.10 |
| Fibonacci | 291.63 | 293.28 | 294.29 | 295.94 | 297.59 | 298.60 | 300.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 276.23 | 285.18 | 289.91 | 298.86 | 303.59 | 312.54 | 317.27 |
| Camarilla | 290.87 | 292.12 | 293.38 | 294.63 | 295.88 | 297.14 | 298.39 |
| Woodie | 274.11 | 284.13 | 287.79 | 297.81 | 301.47 | 311.49 | 315.15 |
| Fibonacci | 285.18 | 290.41 | 293.64 | 298.86 | 304.09 | 307.32 | 312.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 226.56 | 241.35 | 266.42 | 281.21 | 306.28 | 321.07 | 346.14 |
| Camarilla | 280.52 | 284.17 | 287.83 | 291.48 | 295.13 | 298.79 | 302.44 |
| Woodie | 231.69 | 243.92 | 271.55 | 283.78 | 311.41 | 323.64 | 351.27 |
| Fibonacci | 241.35 | 256.58 | 265.99 | 281.21 | 296.44 | 305.85 | 321.07 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.02 | |
| MACD (12,26,9): | -1.9200 | |
| Directional Movement: | -16.88 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 293.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 294.99 | |
| Elder Ray (13): | -2.00 | |
| Super Trend (3,10): | 297.73 | |
| Zig ZAG (10): | 293.63 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 27.35 | |
| TEMA (21): | 291.93 | |
| Williams %R (14): | -56.04 | |
| Chande Momentum Oscillator (20): | -1.02 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.16 |
| MA7: | 298.61 | |
| MA20: | 293.61 | |
| MA50: | 272.48 | |
| MA100: | 263.41 | |
| MAexp7: | 293.76 | |
| MAexp20: | 295.89 | |
| MAexp50: | 296.95 | |
| MAexp100: | 294.37 | |
| Price / MA7: | -1.52% | |
| Price / MA20: | +0.16% | |
| Price / MA50: | +7.92% | |
| Price / MA100: | +11.64% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | -0.97% | |
| Price / MAexp100: | -0.10% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on PAYPAL HOLDINGS INC. at the time of the analysis were as follows:
- PayPal Commits Over $100 Million to Advance Financial Inclusion and Economic Empowerment of Women and Girls
- PayPal Appoints Enrique Lores to Board of Directors
- PayPal Brings PayPal Zettle to the U.S. -- Its Digital In-Person and Omnichannel Solution
- New Report from BigCommerce and PayPal Sheds Light on Consumer Spending Habits Post-Covid
-
PayPal Invests $135M For Economic Equality | Standard Chartered To Launch Crypto Exchange
This member declared not having a position on this financial instrument or a related financial instrument.
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