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Shares of Paypal Holdings Has Risen Above Previous 52-Week High

By Nick Russo

Shares of Paypal Holdings (NASDAQ:PYPL) traded at a new 52-week high today of $126.28. So far today approximately 634,000 shares have been exchanged, as compared to an average 30-day volume of 9.4 million shares.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants. The Company offers online payment solutions. PayPal Holdings serves customers worldwide.

Paypal Holdings (NASDAQ:PYPL) is currently priced 31.6% above its average consensus analyst price target of $86.03. The stock should find initial support at its 200-day moving average (MA) of $108.04 and further support at its 50-day MA of $105.83.

In the past 52 weeks, shares of Paypal Holdings have traded between a low of $82.07 and a high of $126.28 and are now at $125.85, which is 53% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Paypal Holdings and will alert subscribers who have PYPL in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows paypal holdings

Ticker(s): PYPL