The Hourly View for PAY
At the moment, PAY (Get Ratings)’s price is down $-0.68 (-2.66%) from the hour prior. This is the 3rd hour in a row PAY has seen its price head down. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes. Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, with price now being below it. 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.
PAY ranks 313th in terms of today’s price percentage change out of Business Services stocks.
PAY’s Technical Outlook on the Daily Chart
Currently, PAY’s price is down $-0.54 (-2.11%) from the day prior. This is the 2nd day in a row PAY has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows PAY’s price action over the past 90 days.
PAY: Daily RSI Analysis
For PAY News Traders
News traders keeping an eye on PAY may find value in this recent story:
REDMOND, Wash., September 14, 2021–Paymentus leading frictionless bill pay solutions enhance GLDS comprehensive customer management platform for broadband operators in North America.
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