(PAYC) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for PAYC

• Buy PAYC near 235.04 target 261.61 stop loss @ 234.36 Details

The technical summary data tells us to buy PAYC near 235.04 with an upside target of 261.61. This data also tells us to set a stop loss @ 234.36 to protect against excessive loss in case the stock begins to move against the trade. 235.04 is the first level of support below 260.21 , and by rule, any test of support is a buy signal. In this case, support 235.04 is being tested, a buy signal would exist.

• Short PAYC slightly under 261.61, target 235.04, stop loss @ 262.37 Details

The technical summary data is suggesting a short of PAYC as it gets near 261.61 with a downside target of 235.04. We should have a stop loss in place at 262.37though. 261.61 is the first level of resistance above 260.21, and by rule, any test of resistance is a short signal. In this case, if resistance 261.61 is being tested, a short signal would exist.

Swing Trading Plans for PAYC

• Buy PAYC slightly over 261.61, target 263.21, Stop Loss @ 260.85 Details

If 261.61 begins to break higher, the technical summary data tells us to buy PAYC just slightly over 261.61, with an upside target of 263.21. The data also tells us to set a stop loss @ 260.85 in case the stock turns against the trade. 261.61 is the first level of resistance above 260.21, and by rule, any break above resistance is a buy signal. In this case, 261.61, 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 PAYC slightly near 261.61, target 247.17, Stop Loss @ 262.37. Details

The technical summary data is suggesting a short of PAYC if it tests 261.61 with a downside target of 247.17. We should have a stop loss in place at 262.37 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, 261.61, 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 PAYC

• Buy PAYC slightly over 260.7, target 261.61, Stop Loss @ 260.09 Details

If 260.7 begins to break higher, the technical summary data tells us to buy PAYC just slightly over 260.7, with an upside target of 261.61. The data also tells us to set a stop loss @ 260.09 in case the stock turns against the trade. 260.7 is the first level of resistance above 260.21, and by rule, any break above resistance is a buy signal. In this case, 260.7, 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 PAYC slightly near 260.7, target 247.17, Stop Loss @ 261.31. Details

The technical summary data is suggesting a short of PAYC if it tests 260.7 with a downside target of 247.17. We should have a stop loss in place at 261.31 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, 260.7, 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 Paycom Software Inc. (PAYC) available here: PAYC.

PAYC Ratings for May 13:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	209.34
P2	260.7	247.17	235.04
P3	272.06	263.21	261.61

AI Generated Signals for PAYC

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