PAYPAL HOLDINGS INC. - Weekly - Technical analysis published on 06/10/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 85.91 USD
My targets
73.74 USD (-6.51%)
62.28 USD (-21.05%)
My analysis
PAYPAL HOLDINGS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 85.91 USD. The next support located at 73.74 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 62.28 USD. Below this support, sellers could then target 52.72 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7
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Additional analysis
Quotes
The PAYPAL HOLDINGS INC. price is 78.88 USD. Over 5 days, this instrument lost -8.84% with the lowest point at 84.52 USD and the highest point at 89.32 USD. The deviation from the price is -6.67% for the low point and -11.69% for the high point.84.52
89.32
78.88
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
Here is a more detailed summary of the historical variations registered by PAYPAL HOLDINGS INC.:
Technical
Technical analysis of PAYPAL HOLDINGS INC. in Weekly shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Weekly
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : Weekly
ProTrendLines
R1
R2
R3
Price
Price | R1 | R2 | R3 | |
---|---|---|---|---|
ProTrendLines | 78.88 | 85.91 | 122.09 | 179.65 |
Change (%) | - | +8.91% | +54.78% | +127.75% |
Change | - | +7.03 | +43.21 | +100.77 |
Level | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 78.68 | 81.38 | 82.74 | 85.44 | 86.80 | 89.50 | 90.86 |
Camarilla | 82.99 | 83.37 | 83.74 | 84.11 | 84.48 | 84.85 | 85.23 |
Woodie | 78.02 | 81.05 | 82.08 | 85.11 | 86.14 | 89.17 | 90.20 |
Fibonacci | 81.38 | 82.93 | 83.89 | 85.44 | 86.99 | 87.95 | 89.50 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 75.96 | 78.90 | 82.72 | 85.66 | 89.48 | 92.42 | 96.24 |
Camarilla | 84.67 | 85.29 | 85.91 | 86.53 | 87.15 | 87.77 | 88.39 |
Woodie | 76.39 | 79.12 | 83.15 | 85.88 | 89.91 | 92.64 | 96.67 |
Fibonacci | 78.90 | 81.49 | 83.08 | 85.66 | 88.25 | 89.84 | 92.42 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 52.72 | 62.28 | 73.74 | 83.30 | 94.76 | 104.32 | 115.78 |
Camarilla | 79.43 | 81.36 | 83.28 | 85.21 | 87.14 | 89.06 | 90.99 |
Woodie | 53.68 | 62.76 | 74.70 | 83.78 | 95.72 | 104.80 | 116.74 |
Fibonacci | 62.28 | 70.31 | 75.27 | 83.30 | 91.33 | 96.29 | 104.32 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 26.55 | |
MACD (12,26,9): | -28.5200 | |
Directional Movement: | -25.19 | |
AROON (14): | -35.72 | |
DEMA (21): | 69.49 | |
Parabolic SAR (0,02-0,02-0,2): | 105.05 | |
Elder Ray (13): | -10.89 | |
Super Trend (3,10): | 120.35 | |
Zig ZAG (10): | 79.28 | |
VORTEX (21): | 0.6800 | |
Stochastique (14,3,5): | 23.17 | |
TEMA (21): | 67.16 | |
Williams %R (14): | -85.47 | |
Chande Momentum Oscillator (20): | -39.55 | |
Repulse (5,40,3): | -11.5200 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -2.8500 | |
Courbe Coppock: | 55.66 |
MA7: | 85.87 | |
MA20: | 82.49 | |
MA50: | 90.85 | |
MA100: | 106.29 | |
MAexp7: | 85.61 | |
MAexp20: | 109.47 | |
MAexp50: | 156.57 | |
MAexp100: | 174.22 | |
Price / MA7: | -8.14% | |
Price / MA20: | -4.38% | |
Price / MA50: | -13.18% | |
Price / MA100: | -25.79% | |
Price / MAexp7: | -7.80% | |
Price / MAexp20: | -27.90% | |
Price / MAexp50: | -49.59% | |
Price / MAexp100: | -54.70% |
Quotes :
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15 min delayed data
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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:
- PayPal co-founder who helped fund recall effort against Boudin speaks out
- TORANOTEC Adds PayPal to TORANOKO's Payment Method
- PayPal Announces Expiration and Results of Debt Tender Offer
- PayPal Announces Pricing of Debt Tender Offer
- IMG Announces Programming for MADE x PayPal, a Two-Day Event Curated By Public School Celebrating Fashion, Culture and Community in New York City
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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