Question 1

What does the Stochastic Oscillator suggest about PAYC's trend?

Accepted Answer

On August 16, 2024, the Stochastic Oscillator for PAYC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In 44 of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 2

How did PAYC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on PAYC as a result. In 60 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for PAYC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PAYC turned negative on August 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 37 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What does a 3-day price advance indicate for PAYC?

Accepted Answer

Following a +3.11% 3-day Advance, the price is estimated to grow further. Considering data from situations where PAYC advanced for three days, in 258 of 362 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for PAYC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PAYC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 74%.

Question 6

What does PAYC breaking above its upper Bollinger Band indicate?

Accepted Answer

PAYC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on PAYC's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 180 of 266 cases where PAYC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PAYC Stock Paycom Software (PAYC, $181.07) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 16, 2024

PAYC sees its Stochastic Oscillator ascends from oversold territory

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