Technical Outlook of PayPal Holdings Inc.

PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. It operates a two-sided global technology platform that links its customers, both merchants, and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. It allows its customers to use their accounts for both purchases and paying for goods, as well as to transfer and withdraw funds. It enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card, or other stored value products. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom. 

There is a bullish trend on this market with upward momentum. For a daily trading method, the moving averages and technical indicators show a potential buy signal for this stock. Hence, for a monthly trading approach, all the indicators show a strong buy signal. According to our technical analysis, our research team suggests a potential buy signal. 

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FINANCE CLUB UoM - RESEARCH TEAM