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Paycom Software: 52-Week High Recently Eclipsed (PAYC)

By Nick Russo

Shares of Paycom Software (NYSE:PAYC) traded today at $136.80, breaking its 52-week high. So far today approximately 93,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

In the past 52 weeks, Paycom Software share prices have been bracketed by a low of $67.34 and a high of $136.80 and are now at $135.96, 102% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.8%.

Paycom Software (NYSE:PAYC) is currently priced 15.6% above its average consensus analyst price target of $114.79. The stock should find initial support at its 50-day moving average (MA) of $109.28 and further support at its 200-day MA of $97.91.

Paycom Software, Inc. designs and develops software solutions. The Company provides data analytical software products to manage the employment life cycle from recruitment to retirement. Paycom Software serves customers in the United States.

SmarTrend is monitoring the recent change of momentum in Paycom Software. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Paycom Software in search of a potential trend change.

Keywords: 52 week high/lows paycom software

Ticker(s): PAYC