Corpay, Inc., formerly FLEETCOR Technologies, Inc., is a corporate payments company. It helps businesses and consumers pay expenses. Its suite of payment solutions helps its customers manage vehicle-related expenses, such as fueling and parking; travel expenses, such as hotel bookings, and payables, such as paying vendors. Its solutions include AP Automation, Cross-Border and Commercial Cards. Its AP Automation solutions include procure-to-pay, payment automation and integrations. Its Procure-to-Pay optimizes accounts payable workflows with scheduled payments, automated approvals and real-time tracking, and enables cash flow management and financial decisions.
When researching a stock like Corplay, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CPAY Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CPAY stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CPAY 200 day moving average ("CPAY 200 DMA"), while one of the most popular "shorter look-backs" is the CPAY 50 day moving average ("CPAY 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Corplay. |
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Video: Technical Analysis