The Hourly View for PYPL
Last Updated February 19, 2021, 12:45 GMT
At the time of this writing, PYPL’s price is down $-7.2 (-2.42%) from the hour prior. The hourly chart shows that PYPL has seen 3 straight up hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly 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.
PayPal Holdings Inc Daily Price Recap
PayPal Holdings Inc closed the previous day down 2.15% ($6.39); this denotes the 2nd day in a row a decline has happened. This move happened on lower volume, as yesterday’s volume was down 1.66% from the day before — and down 0.88% from the same day the week before. Here is a daily price chart of PayPal Holdings Inc.
PayPal Holdings Inc Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that PayPal Holdings Inc’s price has gone up 17 of the previous 30 trading days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to PYPL:
$CERT I'd like to take this time to congratulate all 5 watchers on this board for owning this stock, as I presume you do. This stock may not be as sexy at $TSLA, as trendy as $PLTR, or as woke as $PYPL. It's certainly not as established as $SDGR. But this stock is a hidden gem with the fundamentals to prove it, and soon enough it will be a bonafide winner-winner. Spend a little time doing some DD and you'll see it too. An all-star management team locking down the Big Pharma with cutting edge technology, dare I say more. You'll track me down to thank me in a year, maybe less. Cheers.