Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
View
Simple research view

PAYC · Paycom Software, Inc.

$268.25 -2.31% Oct 26 close
Detected setup Momentum Flag · Setup Score 94/100

Stand aside — setup invalidated

Setup score 94, but distribution days reach 5 or more — stand aside until the condition resets.

Ask about PAYC

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$PAYC

Paycom Software, Inc.

Paycom Software, Inc. is a large-cap Packaged Software company in the Technology Services sector with a market cap of $12B.

Technology Services Packaged Software stock Stage 2 · Advancing Base 2
$268.25 latest close
Market Structure
Trend structure: downtrend
Latest event: structure_shift (bearish)
Support 159.30–160.30 · 3 touches · moderate
Support 145.15–146.00 · 3 touches · moderate
Join to Watchlist $PAYC Share card
Verdict · setup score 94/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 94, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$200$250AugSepOct$268

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. Quarterly EPS growth ≥ 25% — From SEPA scan
  • Minervini 2. ROE ≥ 17% — From SEPA scan
  • O'Neil A: Annual earnings & revenue quality — Rev +8.9%
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Volume expansion above average — Volume ratio 0.94x
  • Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 9/12 pass; wait for the soft misses to improve.
  • O'Neil: watch CANSLIM read: 4/8 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
76 Strong
Legend Score · rates the stock Strong (76/100) — held back by quality (smr-like)

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 97
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 76
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 30

RS rank 96: top 4% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 76: mild accumulation. No recent earnings growth data — scored neutral. Quality 30: weak fundamentals (sales growth 30). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Tuesday, November 3, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

PAYC-2.31%
Sector proxy · XLK+1.69%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. PAYC was -4.00 points vs XLK. -3.02 points vs SPY.
CatalystPending Stock reactionNegative Sector reactionSupportive Opening surgePending Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close-2.31% From the open-2.31% Range position46% GapNo gap
QQQ confirmationDiverging (+1.11%) SMH confirmationDiverging (+2.74%)
Short-term conviction -2 points.
  • QQQ, SMH moved against the stock — no index confirmation.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $268.25 -2.3% Oct 26 close
52W High $275.22 2.5% below high
Wks Since High 0w
Base Depth 4.6%
RS Rank 93 percentile of scan
SMA 50 $232.43
Avg Vol 663,666
Rel Vol (Oct 26) 0.94× 2.61× on up days
More stats
52W Low $104.90
Tight Wks 0
Base B2
SMA 200 $161.76
RS Line vs High -3.0%
RS Line Slope +22.5% ▲
Group Rank #12/66
ADR% 3.0%
ATR(14) $7.72 (2.9%)
Vol Pace (live) N/A
A/D Days 19A / 12D
A/D Rating A+
VDU Bars 0/10 d
Power Trend 16d
Earnings in 7d
Position in 52-week range 96thpercentile of the 52-week range
$104.90low
$275.22high

PAYC Chart

Interactive price, volume, RS, RSI, and MACD charts are available after sign in.

Create a free account to load the full interactive chart for PAYC.

Create Free Account

Technical Analysis Report Card

$PAYC · $268.25 · as of 2026-10-26 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$232.43 ↑
100-day$192.26 ↑
200-day$161.76 ↑
Bullish (50 > 200)

RSI (14)

Reading73.2 · Overbought

Overbought — buyers extended; watch for a pause or pullback.

MACD (12/26/9)

StateBullish
Histogram+3.354

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width85% · 31.6%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol2.61 · Accumulation
Rel volume0.94×
Pocket pivots · 10d3
5d vs 50d vol95%
Heavy vol up / down0 / 0

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

  • Pocket pivot 2 sessions ago — up-day volume beat every down day of the prior 10 sessions.

Support & Resistance

R · $275.2252-week high
Price · $268.25now
S · $213.03swing level
S · $136.80swing level
S · $131.50swing level

Fibonacci · Uptrend swing

23.6%$238.82
38.2%$216.31
50.0%$198.11
61.8%$179.91
78.6%$154.00

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for PAYC — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRSI overbought
Want this read in a legend's voice? Ask a Legend about PAYC
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (94/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 8 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch B Trend-template read: 9/12 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $268.25, MA150 $171.26, MA200 $161.76
1.2 150-day MA > 200-day MAMA150 $171.26 vs MA200 $161.76
Failing evidence
2. Quarterly EPS growth ≥ 25%From SEPA scan
2. ROE ≥ 17%From SEPA scan
9/12 checks
Method → Playbook → Ask →
O'Neil Watch D CANSLIM read: 4/8 pass; improvement is still needed.

partialMomentum Flag still forming in a top industry group — ideal buy point at $275.50 on big volume. CANSLIM 72.

Passing evidence
C: Quarterly EPS acceleration ≥ 25%CANSLIM grade B
L: RS rank ≥ 80 (IBD leadership)RS rank 96
Failing evidence
A: Annual earnings & revenue qualityRev +8.9%
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
4/8 checks
Method → Playbook → Ask →
Weinstein Watch B Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $268.25 vs MA200 $161.76
Failing evidence
Volume expansion above averageVolume ratio 0.94x
6/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $212.40
Volatility-unit sizing (1N ≈ 1% of equity)1N = $7.80 (2.91% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
Method → Playbook → Ask →
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $308.49-$321.90; trail the rest
Failing evidence
Named Zanger pattern onlyMomentum Flag is not one of Zanger's six
Breakout volume 1.5-2.0x averageData unavailable
4/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 33.2x — no PEG or forward P/E stored
Price strength (RS ≥ 70)RS score 96 — Zweig buys strength, not bargains
Failing evidence
Insider buyingNo insider buying flagged
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
4/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.

mediumTrend is your friend. Momentum Flag continuation — trade in the direction of least resistance. RS score 96.

Passing evidence
Price$268.25
Relative strengthRS 96
Failing evidence
Volume vs average0.94x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence
Price$268.25
Relative strengthRS 96
Failing evidence
Volume vs average0.94x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$268.25
Relative strengthRS 96
Failing evidence
Volume vs average0.94x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Bearish Engulfing — Today's down candle engulfs yesterday's up candle — a bearish reversal warning, most significant after an extended advance.

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
120RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +12 A+
A: 21 D: 9 Net: +1265 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C 3/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ —
✗ Revenue growth ≥20% YoY +9%
✗ Gross margin ≥30% —
✗ ROE ≥17% —
✓ RS rating ≥80 (leadership) 96
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -2.5%

Method Playbook

Trade it like O'Neil EXACT LEVELS · PRO
O'Neil D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Momentum Flag
94 setup score
RS Score 96
Trend template 8/8 ✓
CANSLIM 71.8* (B)
Why This Setup?
Momentum Flag · schematic

prior_advance=84.8%, base_depth=13.3%, contractions=1, tightening=no, vol_dry=yes, stage2=yes, near_pivot=yes | Strong trend (8/8) | Top RS (96) | High-confidence pattern (80%) | Accumulation (2.6× up/dn vol) | Power Trend | Stage 2 | Readiness 67/100 (watch) | CANSLIM 71.8 (B)

Ask a Legend ▾
Cup (no handle) ⚠ Not actionable yet
55 setup score
RS Score 96
Trend template 8/8 ✓
CANSLIM 74.6* (B)
12.7% cup depth rims outside 10% ideal
  • Cup 12.7% deep from a $243.24 left rim to a $212.40 low
  • Rims 13.1% apart (accepted, but outside the 10% ideal)
  • Rounded U-shaped bottom (no V)
  • Pivot $275.22 fixed at the higher lip (left-side high)
  • No close above the pivot yet
  • Breakout-day volume 0.9x the 50-day average
  • Volume dried up in the base
  • Prior advance into the rim: 101.0%
Raw detector evidence · confidence is a heuristic match score, not a probability depth=12.7%, lips_diff=13.1%, u_shape=yes, near_pivot=yes, breakout_vol=0.9x, orderly=yes | Strong trend (8/8) | Top RS (96) | Moderate pattern (60%) | Accumulation (2.6× up/dn vol) | Power Trend | Stage 2 | Readiness 62/100 (early) | CANSLIM 74.6 (B) | ⚠ Not actionable yet setup_key=cup_no_handle|2026-09-29|2026-10-23|275.22 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 35, "bars_ago": 19, "date": "2026-09-29", "price": 212.4}, "breakout": null, "left_lip": {"bar": 16, "bars_ago": 38, "date": "2026-09-01", "price": 243.241}, "right_lip": {"bar": 53, "bars_ago": 1, "date": "2026-10-23", "price": 275.22}}
Why This Setup?
cup handle Cup (no handle) · schematic

depth=12.7%, lips_diff=13.1%, u_shape=yes, near_pivot=yes, breakout_vol=0.9x, orderly=yes | Strong trend (8/8) | Top RS (96) | Moderate pattern (60%) | Accumulation (2.6× up/dn vol) | Power Trend | Stage 2 | Readiness 62/100 (early) | CANSLIM 74.6 (B) | ⚠ Not actionable yet

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

5/7 universals met
  • Clear of earnings — not met in 7 days — event risk
  • Volume confirms — partly met 0.9× average — light
  • A relative-strength leader — met RS rank 93
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $268.25 vs SMA150 $171.26 / SMA200 $161.76
SMA 150 above SMA 200 SMA150 $171.26 vs SMA200 $161.76
SMA 200 trending up Slope +8.03 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $232.43
Price above SMA 50 $268.25 vs SMA50 $232.43
30%+ above 52-week low +155.7% from $104.90
Within 25% of 52-week high -2.5% from $275.22
RS score above 70 RS 96

Fundamentals

52W Range
96%
Mkt Cap SEC
12.1B
Rev YoY
+9%
EPS TTM
$8.08
P/E TTM
33.2x
Float
45M
Insider
No Buy

Company

Company profile
Paycom Software, Inc.
PAYC · NYSE · Technology Services · Packaged Software
Track all markets on TradingView
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 71.8* CANSLIM * disqualified on M
C · Curr. EPS
70
A · Annual EPS
66
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
96
I · Inst. Spons.
56
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
100
W. Support
$121.00
W. Resist
$275.22
Weekly Structure

Scan History

20× streak
Oct 23: 95 (Momentum Flag)Oct 23: 95 (Cup (no handle))Oct 26: 94 (Cup (no handle))Oct 26: 96 (Cup (no handle))Oct 27: 93 (Momentum Flag)Oct 27: 94 (Momentum Flag)94
Oct 27
Momentum Flag ✓ Gate
94
Oct 27
Momentum Flag ✓ Gate
93
Oct 26
Cup (no handle) ✓ Gate
96 0.0%
Oct 26
Cup (no handle) ✓ Gate
94 0.0%
Oct 23
Cup (no handle) ✓ Gate
95 -2.3%
Oct 23
Momentum Flag ✓ Gate
95 -2.3%

Latest News

Headlines for PAYC
Loading headlines…

Get the full picture on PAYC

Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.

Start 7-Day Free Trial