Question 1

What implications does the 10-day RSI indicator have for PCTY?

Accepted Answer

The 10-day RSI Indicator for PCTY moved out of overbought territory on August 05, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In 16 of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 45 of 61 cases where PCTY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 0%.

Question 3

How did PCTY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PCTY as a result. In 58 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 0%.

Question 4

What does MACD indicator imply for PCTY?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PCTY turned negative on August 16, 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 43 similar instances when the indicator turned negative. In 32 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

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

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PCTY advanced for three days, in 253 of 343 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

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

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PCTY 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 0%.

Question 7

What does PCTY breaking above its upper Bollinger Band indicate?

Accepted Answer

PCTY broke above its upper Bollinger Band on August 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 174 of 245 cases where PCTY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PCTY Stock Paylocity Holding (PCTY, $151.78) RSI Indicator left the oversold zone on May 28, 2024

PCTY in +3.88% Uptrend, growing for three consecutive days on August 15, 2024

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