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Paylocity Holdin Down 11.7% Since SmarTrend Downtrend Call (PCTY)

By Nick Russo

SmarTrend identified a Downtrend for Paylocity Holdin (NASDAQ:PCTY) on February 24th, 2020 at $132.95. In approximately 2 weeks, Paylocity Holdin has returned 11.71% as of today's recent price of $117.38.

Over the past year, Paylocity Holdin has traded in a range of $82.04 to $150.73 and is now at $117.38, 43% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.

Paylocity Holding Corporation is a provider of cloud-based payroll and human capital management, or HCM, software solutions for medium-sized organizations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Paylocity Holdin.

Log in and add Paylocity Holdin (PCTY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights paylocity holdin

Ticker(s): PCTY