Learn to Evaluate (PCTY) using the Charts

February 07, 2025, 22:06 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PCTY

• Buy PCTY near 192.94 target 216.89 stop loss @ 192.38 Details

The technical summary data tells us to buy PCTY near 192.94 with an upside target of 216.89. This data also tells us to set a stop loss @ 192.38 to protect against excessive loss in case the stock begins to move against the trade. 192.94 is the first level of support below 205.84 , and by rule, any test of support is a buy signal. In this case, support 192.94 is being tested, a buy signal would exist.

• Short PCTY slightly under 216.89, target 192.94, stop loss @ 217.52 Details

The technical summary data is suggesting a short of PCTY as it gets near 216.89 with a downside target of 192.94. We should have a stop loss in place at 217.52though. 216.89 is the first level of resistance above 205.84, and by rule, any test of resistance is a short signal. In this case, if resistance 216.89 is being tested, a short signal would exist.

Swing Trading Plans for PCTY

• Buy PCTY slightly over 206.66, target 214.35, Stop Loss @ 206.06 Details

If 206.66 begins to break higher, the technical summary data tells us to buy PCTY just slightly over 206.66, with an upside target of 214.35. The data also tells us to set a stop loss @ 206.06 in case the stock turns against the trade. 206.66 is the first level of resistance above 205.84, and by rule, any break above resistance is a buy signal. In this case, 206.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PCTY slightly near 206.66, target 192.94, Stop Loss @ 207.26. Details

The technical summary data is suggesting a short of PCTY if it tests 206.66 with a downside target of 192.94. We should have a stop loss in place at 207.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 206.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PCTY

• Buy PCTY slightly over 206.66, target 208.7, Stop Loss @ 206.18 Details

If 206.66 begins to break higher, the technical summary data tells us to buy PCTY just slightly over 206.66, with an upside target of 208.7. The data also tells us to set a stop loss @ 206.18 in case the stock turns against the trade. 206.66 is the first level of resistance above 205.84, and by rule, any break above resistance is a buy signal. In this case, 206.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PCTY slightly near 206.66, target 192.94, Stop Loss @ 207.14. Details

The technical summary data is suggesting a short of PCTY if it tests 206.66 with a downside target of 192.94. We should have a stop loss in place at 207.14 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 206.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Paylocity Holding Corporation (PCTY) available here: PCTY.

PCTY Ratings for February 07:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	170.21
P2	208.7	206.66	192.94
P3	212.79	214.35	216.89

AI Generated Signals for PCTY

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Paylocity Holding Corporation (NASDAQ: PCTY) report below can help you understand how to do this. The trading plans for PCTY, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.