PAYPAL HOLDINGS INC. - Weekly - Technical analysis published on 06/14/2022 (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
22%
56%
22%
My opinion
Bearish under 76.42 USD
My targets
71.22 USD (-3.39%)
62.28 USD (-15.52%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PAYPAL HOLDINGS INC. as long as the price remains well below 76.42 USD. The sellers' bearish objective is set at 71.22 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 62.28 USD. In case of crossing, the next objective would be the support located at 52.72 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PAYPAL HOLDINGS INC. price is 73.72 USD. The price registered a decrease of -16.79% over 5 days and has been traded over the last 5 days between 78.25 USD and 81.46 USD. This implies that the 5 day price is -5.79% from its lowest point and -9.50% from its highest point.78.25
81.46
73.72
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of PAYPAL HOLDINGS INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Weekly
CCI indicator is oversold : under -100
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 support
Type : Bullish
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:
Downside gap
Type : Bearish
Timeframe : Weekly
ProTrendLines
R1
R2
R3
Price
Price | R1 | R2 | R3 | |
---|---|---|---|---|
ProTrendLines | 73.72 | 76.42 | 122.09 | 179.65 |
Change (%) | - | +3.66% | +65.61% | +143.69% |
Change | - | +2.70 | +48.37 | +105.93 |
Level | - | Major | Minor | 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 | 67.41 | 70.43 | 72.08 | 75.10 | 76.75 | 79.77 | 81.42 |
Camarilla | 72.44 | 72.86 | 73.29 | 73.72 | 74.15 | 74.58 | 75.00 |
Woodie | 66.72 | 70.09 | 71.39 | 74.76 | 76.06 | 79.43 | 80.73 |
Fibonacci | 70.43 | 72.22 | 73.32 | 75.10 | 76.89 | 77.99 | 79.77 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 64.19 | 71.22 | 75.26 | 82.29 | 86.33 | 93.36 | 97.40 |
Camarilla | 76.26 | 77.27 | 78.29 | 79.30 | 80.32 | 81.33 | 82.34 |
Woodie | 62.70 | 70.47 | 73.77 | 81.54 | 84.84 | 92.61 | 95.91 |
Fibonacci | 71.22 | 75.45 | 78.06 | 82.29 | 86.52 | 89.13 | 93.36 |
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 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): | 25.02 | |
MACD (12,26,9): | -27.9900 | |
Directional Movement: | -27.40 | |
AROON (14): | -35.72 | |
DEMA (21): | 66.76 | |
Parabolic SAR (0,02-0,02-0,2): | 102.39 | |
Elder Ray (13): | -16.28 | |
Super Trend (3,10): | 111.03 | |
Zig ZAG (10): | 73.72 | |
VORTEX (21): | 0.6900 | |
Stochastique (14,3,5): | 15.70 | |
TEMA (21): | 65.26 | |
Williams %R (14): | -96.30 | |
Chande Momentum Oscillator (20): | -40.04 | |
Repulse (5,40,3): | -13.0800 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -2.8700 | |
Courbe Coppock: | 55.22 |
MA7: | 83.80 | |
MA20: | 82.23 | |
MA50: | 90.01 | |
MA100: | 105.29 | |
MAexp7: | 82.65 | |
MAexp20: | 106.06 | |
MAexp50: | 153.32 | |
MAexp100: | 172.22 | |
Price / MA7: | -12.03% | |
Price / MA20: | -10.35% | |
Price / MA50: | -18.10% | |
Price / MA100: | -29.98% | |
Price / MAexp7: | -10.80% | |
Price / MAexp20: | -30.49% | |
Price / MAexp50: | -51.92% | |
Price / MAexp100: | -57.19% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on PAYPAL HOLDINGS INC. at the time of the generation of this analysis 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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