What is the short-term technical outlook for PAYPAL?
4/17/2025 12:12am
The short-term technical outlook for PayPal Holdings (PYPL) shows a bearish signal with potential upside. Here's a detailed analysis:
1. **Price Trend**: The 5-day and 10-day moving averages are $61.53 and $60.76, respectively. The 50-day moving average is $69.59. The current price of $60.24 is below these short-term and medium-term moving averages, indicating a potential for price increase.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|PYPL|PYPL.O|Paypal Holdings|20250416|61.5320|185|
2. **Fibonacci Retracement**: The 618 Fibonacci retracement level over the past year is $79.22. This level is significantly above the current price, suggesting that there is potential for a rebound or correction upwards.
3. **Bollinger Bands**: The Bollinger Band value is $64.59. The current price is near the lower end of the Bollinger Bands, indicating that a price movement towards the mean or an upward correction is possible.
|code|Ticker|Name|Date|bollinger upper band|market_code|
|---|---|---|---|---|---|
|PYPL|PYPL.O|Paypal Holdings|20250416|73.5445|185|
4. **MACD and RSI**: The MACD (Moving Average Convergence Divergence) is 0.25, which suggests a potential reversal or a buying opportunity. The RSI (Relative Strength Index) is 39.31, indicating that the stock is neither overbought nor oversold, with potential for price increase.
|code|Ticker|Name|Date|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|
|PYPL|PYPL.O|Paypal Holdings|20250416|39.3053|69.0919|0.2476|185|
5. **Support and Resistance Levels**: The support level is at $56.46, and the resistance level is at $64.17. The current price is closer to the support level, and a movement towards the resistance level could indicate a bullish trend.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|PYPL|PYPL.O|Paypal Holdings|20250416|59.7200|61.4600|185|
In conclusion, the short-term technical indicators for PayPal Holdings (PYPL) suggest a bearish trend but with potential for an upward correction or rebound. Investors should consider these indicators along with fundamental factors and market conditions before making investment decisions.