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Corpay, Inc. is a payments firm that aids businesses and consumers in managing vehicle expenses, lodging costs, and corporate payments in the United States, Brazil, the United Kingdom, and worldwide. The company offers vehicle payment solutions, including fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions such as accounts payable automation, virtual cards, cross-border solutions, and purchasing and travel and entertainment card products. Corpay facilitates lodging payments for employees on business trips, traveling crews, stranded airline and cruise passengers, and insurance policyholders affected by disasters. Additionally, the company offers gift and payroll cards. Its clients include businesses, merchants, consumers, and payment networks. Formerly known as FLEETCOR Technologies, Inc., the company rebranded to Corpay, Inc. in March 2024. Established in 1986, it is based in Atlanta, Georgia.
CPAY —  NYSE —
Current RSI of this stock is 74.53, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our short-term trading tips on US stocks, Corpay stock price target will be USD 345 - USD 348 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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