Stock Analysis: Paycom Software Inc (PAYC)

Stock Analysis for Paycom Software Inc (PAYC)

The Interpreter
Hey Friend, I'm analysing PAYCOM SOFTWARE INC (PAYC), and it is between the Support of $ 197.63 (Pivot) and the Resistance of $ 205.11 (PivotR1). The stock is also approaching the line of Pivot at $ 197.63, and if it goes below this line it could reach the next Support of 61.8% of Fibonacci at $ 195.40.

Paycom Software Inc (PAYC)

$ 188.07 +0.7%

Last Close 23-Apr-24

Trade PAYC Now

Supports

Next Support: $ 197.63

Pivot: $ 197.63
Fibonacci 61.8%: $ 195.40
Triangle Level (0): $ 183.28

Resistances

Next Resistance: $ 205.11

Pivot R1: $ 205.11
Fibonacci 100%: $ 208.07
Triangle Level (0): $ 213.62

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 01 Apr 2024	Sell Price: 198.28	Profit: Open Day1 ($ 192.00)	Abandoned Baby	Sell
002 19 Mar 2024	Sell Price: 189.58	Loss: Close Day2 ($ 193.53)	Abandoned Baby	Sell
003 01 Mar 2024	Buy Price: 184.75	Loss: Close Day2 ($ 173.89)	Engulfing	Buy
004 10 Jan 2024	Sell Price: 202.00	Profit: Close Day1 ($ 200.29)	Dark Cloud Cover	Sell
005 04 Oct 2023	Sell Price: 258.77	Loss: Close Day2 ($ 270.28)	Engulfing	Sell
006 19 Sep 2023	Buy Price: 276.91	Profit: Open Day1 ($ 278.15)	Engulfing	Buy
007 19 Sep 2023	Buy Price: 276.89	Profit: Open Day1 ($ 278.15)	Piercing Line	Buy
008 05 Sep 2023	Sell Price: 294.12	Profit: Open Day1 ($ 293.00)	Abandoned Baby	Sell
009 30 May 2023	Sell Price: 279.82	Profit: Open Day1 ($ 277.59)	Engulfing	Sell
010 23 May 2023	Sell Price: 283.97	Profit: Open Day1 ($ 281.35)	Abandoned Baby	Sell
011One Year Average	Both Sides Result for 10 Signals	Loss: $ -9.86 ($ -0.99 / Signal) -4.0% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for PAYC Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	187.40	BUY	2	187.35	BUY
3	186.02	BUY	3	187.07	BUY
5	185.96	BUY	5	187.67	BUY
8	188.83	SELL	8	189.32	SELL
13	194.34	SELL	13	191.22	SELL
21	195.10	SELL	21	192.18	SELL
34	192.16	SELL	34	192.25	SELL
55	190.32	SELL	55	192.93	SELL
90	193.82	SELL	90	197.84	SELL
200	231.12	SELL	200	222.54	SELL

Company Info +

Name & IPO

Paycom Software Inc
IPO: 2014-04-15

Stock Ticker & Exchange

Ticker: PAYCIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: http://www.paycom.com/
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Services-prepackaged Software

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.