PayPal Holdings Inc Daily Price Recap
PayPal Holdings Inc came into today down 6.41% ($13.15) from the open of the day prior, marking the 2nd day in a row it has gone down. The price move occurred on stronger volume; specifically, yesterday’s volume was up 7.16% from the day prior, and up 229.01% from the same day the week before. Let’s take a look at the daily price chart of PayPal Holdings Inc.
PayPal Holdings Inc Technical Analysis
Moving average crossovers are always interesting, so let’s start there: PayPal Holdings Inc crossed below its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that PayPal Holdings Inc’s price has gone up 7 of the previous 10 trading days.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to PYPL:
$PYPL Over the past 6 months, PYPL had a 100.0% chance of making a 1% gain or more within 5 days, if you bought at the Monday closing price. Average return is 5.7%. This is my analysis if you want to check it out: http://stockdips.com/FMD/PYPL.htm