PAYLOCITY HOLDING - Daily - Technical analysis published on 07/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 102.42 USD
My targets
111.04 USD (+6.75%)
118.56 USD (+13.98%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PAYLOCITY HOLDING as long as the price remains well above 102.42 USD. The buyers” bullish objective is set at 111.04 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 118.56 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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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
PAYLOCITY HOLDING rating 104.02 USD. The price registered a decrease of -0.91% on the session and was between 103.36 USD and 105.53 USD. This implies that the price is at +0.64% from its lowest and at -1.43% from its highest.103.36
105.53
104.02
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PAYLOCITY HOLDING chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
S3 | S2 | S1 | Price | |
---|---|---|---|---|
ProTrendLines | 67.11 | 89.70 | 102.42 | 104.02 |
Change (%) | -35.48% | -13.77% | -1.54% | - |
Change | -36.91 | -14.32 | -1.60 | - |
Level | Intermediate | Major | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 100.67 | 101.86 | 103.42 | 104.62 | 106.18 | 107.37 | 108.93 |
Camarilla | 104.22 | 104.48 | 104.73 | 104.98 | 105.23 | 105.49 | 105.74 |
Woodie | 100.85 | 101.95 | 103.60 | 104.71 | 106.36 | 107.46 | 109.11 |
Fibonacci | 101.86 | 102.92 | 103.57 | 104.62 | 105.67 | 106.32 | 107.37 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 94.78 | 97.36 | 100.47 | 103.05 | 106.16 | 108.74 | 111.85 |
Camarilla | 102.02 | 102.54 | 103.06 | 103.58 | 104.10 | 104.62 | 105.15 |
Woodie | 95.05 | 97.49 | 100.74 | 103.18 | 106.43 | 108.87 | 112.12 |
Fibonacci | 97.36 | 99.53 | 100.88 | 103.05 | 105.22 | 106.57 | 108.74 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 70.17 | 78.78 | 86.30 | 94.91 | 102.43 | 111.04 | 118.56 |
Camarilla | 89.38 | 90.86 | 92.34 | 93.82 | 95.30 | 96.78 | 98.26 |
Woodie | 69.63 | 78.51 | 85.76 | 94.64 | 101.89 | 110.77 | 118.02 |
Fibonacci | 78.78 | 84.94 | 88.75 | 94.91 | 101.07 | 104.88 | 111.04 |
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): | 60.78 | |
MACD (12,26,9): | 1.9600 | |
Directional Movement: | 11.24 | |
AROON (14): | 85.72 | |
DEMA (21): | 102.73 | |
Parabolic SAR (0,02-0,02-0,2): | 96.52 | |
Elder Ray (13): | 2.84 | |
Super Trend (3,10): | 96.19 | |
Zig ZAG (10): | 104.02 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 89.97 | |
TEMA (21): | 103.97 | |
Williams %R (14): | -10.16 | |
Chande Momentum Oscillator (20): | 9.69 | |
Repulse (5,40,3): | 0.5900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1700 | |
Courbe Coppock: | 15.74 |
MA7: | 103.34 | |
MA20: | 99.35 | |
MA50: | 98.49 | |
MA100: | 93.40 | |
MAexp7: | 103.18 | |
MAexp20: | 100.53 | |
MAexp50: | 97.67 | |
MAexp100: | 92.61 | |
Price / MA7: | +0.66% | |
Price / MA20: | +4.70% | |
Price / MA50: | +5.61% | |
Price / MA100: | +11.37% | |
Price / MAexp7: | +0.81% | |
Price / MAexp20: | +3.47% | |
Price / MAexp50: | +6.50% | |
Price / MAexp100: | +12.32% |
News
The latest news and videos published on PAYLOCITY HOLDING at the time of the analysis were as follows:
- Paylocity Holding Corp. to Host Earnings Call
- Paylocity Holding Corp. to Host Earnings Call
- Investor Network: Paylocity Holding Corp. to Host Earnings Call
- Investor Network: Paylocity Holding Corp. to Host Earnings Call
- Paylocity Holding
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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