PayPal has been in the process of holding and average declin...

PayPal has been in the process of holding and average decline for the past year or so. It's clear that PayPal's stock was seriously overvalued in 2021. The same is true for most stocks in the market, with the difference that while technology stocks seem to have recovered for the most part, fintech stocks such as PayPal are still at a low point.

Undoubtedly, PayPal's stock is also in a technical slump, and the moving average is getting worse and worse. This suggests that the stock hasn't bottomed out yet, and there may still be more room for decline.