PayPal Holdings Inc (PYPL) 5 Day Up Streak Ended, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart

PayPal Holdings Inc 4 Hour Price Update

Updated September 01, 2020 04:32 PM GMT (12:32 PM EST)

PYPL traders saw its share price increase 1.83% ($3.73) over the past four hours of trading. For context, PayPal Holdings Inc’s peers in the in the Business Services industry are up 1.86% on average in this time, while the broader Financial Services sector is up by an average of 0.5%.

PayPal Holdings Inc Daily Price Recap

PayPal Holdings Inc’s 5 day positive streak has officially concluded, as the candle from yesterday closed down 0.17% ($0.34). The change in price came along side change in volume that was up 22.55% from previous day, but down 16.83% from the Monday of last week. The daily price chart of PayPal Holdings Inc below illustrates.

PYPL

PayPal Holdings Inc Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days PayPal Holdings Inc’s price has gone up 18 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about PYPL:

    $MDLA reports Thursday after the bell. Below are a handful of great companies that use Medallia for customer experience management. I have also attached the PR link to their website from July 9th, where they partnered with Adobe. https://www.medallia.com/press-release/medallia-partners-with-adobe-to-deliver-complete-view-of-end-to-end-customer-experience-journey/

    Who chooses MDLA? $ADBE $PYPL $XOM $CMCSA IBM DKS SAMSUNG TOYOTA ADP WFC TMO LEGO DAL. You get the picture. This company has a lot going for it and worth watching if you aren't already. They also created a telemedicine platform during this last quarter that could be big.

    golongFTW