PayPal Stock Stays Bullish After $50 Billion Stripe Buyout Falls Apart

PayPal stock enters the new session at a technical crossroads. The daily chart still shows a well-established uptrend, but the last 24 hours have introduced fresh headline risk after Advent and Stripe abandoned their $50 billion pursuit of PayPal.
Key takeaways
- PYPL closed at 61.47 on the daily chart, below the session pivot of 61.72.
- The daily trend remains bullish, with price above the EMA20 at 59.85, the EMA50 at 55.46, and the EMA200 at 53.58.
- Daily RSI14 at 65.54 and a negative MACD histogram of -0.29 suggest momentum is cooling.
- Intraday H1 and 15-minute signals lean neutral-to-soft, with price below their short-term EMAs.
- Advent and Stripe have reportedly abandoned their $50 billion pursuit of PayPal, removing a takeover catalyst.
PayPal Stock Price Action and Trend Structure
PayPal stock remains in a durable bullish uptrend on the daily chart, even after settling below the sessionโs pivot point. On the daily timeframe, PYPL closed at 61.47 after trading between 61.37 and 62.31, below the pivot of 61.72.
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