649bruno

Trending Now: Breakout In EPAY Leads To New Uptrend

Long
NASDAQ:EPAY   None
4
Got growth? Want trend?
Bottomline Technologies-(EPAY), Inc. is a provider of cloud-based digital banking, fraud prevention, payment, financial document, insurance and healthcare solutions. The Company's segments include Payments and Transactional Documents, Hosted Solutions and Digital Banking. The Company offers hosted or Software as a Service solutions-SaaS, as well as software designed to run on-site at the customer's location. The Payments and Transactional Documents segment is a supplier of software products that provide financial business process management solutions, including making and collecting payments, sending and receiving invoices, and generating and storing business documents. The Hosted Solutions segment provides customers with-SaaS technology offerings that facilitate electronic payment, electronic invoicing and spend management. The Digital Banking segment provides solutions to banking and financial institution customers.
From a technical standpoint, Here are the positives:
1. Currently multiple buy Fractals (highlighted in green box).
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a strong trend. THE TREND IS GETTING STRONGER.
The green shaded area below CHOP is the CHOP ZONE. This has been strong (up) for quite a while (since August 25th).
3. The top lower indicator is phase energy, and this is positive. Very strong.
4. The alligator is feeding in the uptrend.
5. RSI / Stochastic (top indicator) is strong.
6. Prices are trading above the Ichimoku Cloud .
7. Prices are trading above the thick red Ichimoku Cloud conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING HIGHER.
9. The 5/34 Momentum indicator (top middle) is strong. It now has a bullish upward cross.
In my opinion, EPAY-is in an upside breakout and a solid uptrend has begun.
Good luck to you. Don.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.