Paycom Software Inc (PAYC): Price Up $1.31 (0.35)% Over Past Day, Up $0.31 (0.08)% Over Past Hour

The Hourly View for PAYC

At the moment, PAYC (Get Ratings)’s price is up $0.31 (0.08%) from the hour prior. This is the 2nd hour in a row PAYC has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

PAYC ranks 81st in terms of today’s price percentage change out of Business Services stocks.

PAYC’s Technical Outlook on the Daily Chart

Currently, PAYC’s price is up $1.31 (0.35%) from the day prior. This is the 2nd day in a row PAYC has seen its price head up. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows PAYC’s price action over the past 90 days.

PAYC

<

PAYC: Daily RSI Analysis

  • PAYC’s RSI now stands at 69.6352.
  • PAYC and RSI may be exhibiting divergent trends. This may be something to monitor.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market