Score 7.6 (out of 10): PAYPAL HOLDINGS INC sets up for +7.6% rally in 3 months

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What’s Going On Here?

PayPal is making more features freely available to Ukrainians. The company has suspended its services in Russia. Wall Street sees +55% upside.

Why Now?

PAYPAL HOLDINGS INC has triggered a new price range signal. During similar occasions, PAYPAL HOLDINGS INC shares had a median return of +7.6%, over the following 3 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for PAYPAL HOLDINGS INC received a high score of 7.6 (out of 10). This insight was generated on 2022-March- 18 with last price of 118.77.

What’s This Company About?

PAYPAL HOLDINGS INC is in the Commercial Serv-Finance business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. ‘Wall Street’ analysts think the stock price will be worth +55% (average). Ticker symbol: PYPL US.

What’s My Risk / Reward and Time Horizon?

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 127.84 (+7.6%) has been reached. Based on PAYPAL HOLDINGS INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 108.97 (last price at 118.77), which is equivalent to a -8.3% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

1.7% (June- 2021), 14.4% (October-2020), 39.5% (May-2020), 9.1% (October-2019), 15.6% (February-2019), 2.4% (March-2018), 35.2% (April-2017), 6.1% (January-2017), 4.5% (July-2016), -13.6% (October- 2015).

Historical Chart:

Summary:

NamePAYPAL HOLDINGS INC
ViewUp
Star (1 to 10)7.6
Target+7.6%
Time3 months
Hit Rate90%

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