PAYPAL HOLDINGS INC. - Weekly - Technical analysis published on 07/01/2022 (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%
61%
17%
My opinion
Bearish under 76.70 USD
My targets
62.28 USD (-10.83%)
52.72 USD (-24.51%)
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 76.70 USD. The next support located at 62.28 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 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.3
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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 69.84 USD. The price registered a decrease of -10.09% over 5 days and was traded between 69.77 USD and 78.45 USD over the period. The price is currently at +0.10% from its lowest point and -10.98% from its highest point.69.77
78.45
69.84
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this PAYPAL HOLDINGS INC. chart shows a sharp bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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 | 69.84 | 76.70 | 122.09 | 179.65 |
| Change (%) | - | +9.82% | +74.81% | +157.23% |
| Change | - | +6.86 | +52.25 | +109.81 |
| Level | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.67 | 66.13 | 67.98 | 69.44 | 71.29 | 72.75 | 74.60 |
| Camarilla | 68.93 | 69.23 | 69.54 | 69.84 | 70.14 | 70.45 | 70.75 |
| Woodie | 64.88 | 66.23 | 68.19 | 69.54 | 71.50 | 72.85 | 74.81 |
| Fibonacci | 66.13 | 67.39 | 68.17 | 69.44 | 70.70 | 71.48 | 72.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.87 | 68.63 | 73.15 | 75.91 | 80.43 | 83.19 | 87.71 |
| Camarilla | 75.68 | 76.35 | 77.01 | 77.68 | 78.35 | 79.02 | 79.68 |
| Woodie | 66.76 | 69.07 | 74.04 | 76.35 | 81.32 | 83.63 | 88.60 |
| Fibonacci | 68.63 | 71.41 | 73.13 | 75.91 | 78.69 | 80.41 | 83.19 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 26.21 | |
| MACD (12,26,9): | -26.4400 | |
| Directional Movement: | -27.60 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 62.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 96.33 | |
| Elder Ray (13): | -14.04 | |
| Super Trend (3,10): | 107.51 | |
| Zig ZAG (10): | 69.84 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 7.49 | |
| TEMA (21): | 63.02 | |
| Williams %R (14): | -95.92 | |
| Chande Momentum Oscillator (20): | -41.37 | |
| Repulse (5,40,3): | -14.6100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.9000 | |
| Courbe Coppock: | 58.02 |
| MA7: | 73.36 | |
| MA20: | 77.66 | |
| MA50: | 81.12 | |
| MA100: | 95.41 | |
| MAexp7: | 78.40 | |
| MAexp20: | 100.10 | |
| MAexp50: | 147.16 | |
| MAexp100: | 168.34 | |
| Price / MA7: | -4.80% | |
| Price / MA20: | -10.07% | |
| Price / MA50: | -13.91% | |
| Price / MA100: | -26.80% | |
| Price / MAexp7: | -10.92% | |
| Price / MAexp20: | -30.23% | |
| Price / MAexp50: | -52.54% | |
| Price / MAexp100: | -58.51% |
Quotes :
-
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:
- New PayPal Cashback Business Credit Card Launches for US Small Businesses
- PayPal Introduces 'Pay Monthly' to Give Consumers More Choice at Checkout
-
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
This member declared not having a position on this financial instrument or a related financial instrument.
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