PayPal remains in a long-term neutral-to-bearish structure, but price is currently reacting to a major long-term rising trendline.
Price is holding the 60–61 support zone, while the 50-day SMA is above price, signaling remaining selling pressure.
Bullish Scenario
If $60 support holds and price reclaims the 50-day SMA:
Targets
• Target 1: 66
• Target 2: 72
• Target 3: 78
Stop Loss
• Daily close below 58
Rationale:
A successful bounce from long-term support combined with a 50-SMA breakout may trigger a medium-term corrective rally.
Bearish Scenario
If price breaks below the rising trendline and $58–60 support:
Targets
• Target 1: 52
• Target 2: 48
• Target 3: 44
Stop Loss
• Reclaim and daily close above 63
Rationale:
A breakdown would confirm a full bearish continuation, opening the door for deeper downside.
Technical Summary
• Above 60 → Bounce / corrective rally possible
• Below 58 → Long-term bearish continuation
Brief Fundamental Analysis
• PayPal is a global digital payments leader.
• Strong free cash flow generation.
• Challenges include:
• Slowing user growth
• Intense competition (Apple Pay, Stripe, BNPL)
• Market demands clearer growth acceleration.
Fundamental Takeaway:
PYPL appears undervalued vs. historical levels, but currently fits more as a value + turnaround opportunity rather than a pure growth stock.
Price is holding the 60–61 support zone, while the 50-day SMA is above price, signaling remaining selling pressure.
Bullish Scenario
If $60 support holds and price reclaims the 50-day SMA:
Targets
• Target 1: 66
• Target 2: 72
• Target 3: 78
Stop Loss
• Daily close below 58
Rationale:
A successful bounce from long-term support combined with a 50-SMA breakout may trigger a medium-term corrective rally.
Bearish Scenario
If price breaks below the rising trendline and $58–60 support:
Targets
• Target 1: 52
• Target 2: 48
• Target 3: 44
Stop Loss
• Reclaim and daily close above 63
Rationale:
A breakdown would confirm a full bearish continuation, opening the door for deeper downside.
Technical Summary
• Above 60 → Bounce / corrective rally possible
• Below 58 → Long-term bearish continuation
Brief Fundamental Analysis
• PayPal is a global digital payments leader.
• Strong free cash flow generation.
• Challenges include:
• Slowing user growth
• Intense competition (Apple Pay, Stripe, BNPL)
• Market demands clearer growth acceleration.
Fundamental Takeaway:
PYPL appears undervalued vs. historical levels, but currently fits more as a value + turnaround opportunity rather than a pure growth stock.
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.
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.