(PAYX) Paychex Inc complete technical analysis [charts+indicators] | Buy/Sell Paychex Inc | (PAYX) share price targets
Complete technical analysis of Paychex Inc (PAYX) by charts plus indicators, forecast predictions and share price targets for Paychex Inc (PAYX)
Paychex Inc trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Paychex Inc is 1665080
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 120.63 | 120.31 | 120.70 | 119.63 | 0.503 times |
03 Fri May 2024 | 120.10 | 119.27 | 120.21 | 118.87 | 0.925 times |
02 Thu May 2024 | 118.45 | 119.54 | 119.61 | 117.15 | 0.888 times |
01 Wed May 2024 | 119.41 | 118.87 | 122.11 | 118.87 | 0.883 times |
30 Tue Apr 2024 | 118.81 | 120.35 | 120.47 | 118.70 | 1.013 times |
29 Mon Apr 2024 | 120.81 | 120.28 | 121.03 | 120.09 | 1.157 times |
26 Fri Apr 2024 | 119.97 | 121.23 | 122.19 | 119.85 | 1.442 times |
25 Thu Apr 2024 | 121.97 | 123.41 | 123.97 | 121.27 | 0.723 times |
24 Wed Apr 2024 | 122.52 | 120.80 | 122.68 | 120.42 | 1.085 times |
23 Tue Apr 2024 | 121.62 | 121.23 | 122.09 | 120.71 | 0.735 times |
My analysis of stock is bearish for shortterm, and stock might move down till 119 or till 116.4. Use a stoploss of 121.2 and if the stock hits stoploss, then it can shoot up till 123.38
Share price targets for Paychex Inc (PAYX)
Target Type | Value |
Downside Target | 114.72 |
Upside Target | 122.11 |
Upside Target | 123.97 |
Upside Target | 124.36 |
Upside Target | 124.39 |
Upside Target | 124.68 |
Upside Target | 125.26 |
Upside Target | 126.71 |
Intraday share price targets for Paychex Inc (PAYX)
Target Type | Value |
Downside Intraday Target | 119.94 |
Downside Intraday Target | 119.25 |
Upside Intraday Target | 121.01 |
Upside Intraday Target | 121.39 |
Downside Intraday Target | 120.32 |
Weekly technical analysis of Paychex Inc (PAYX)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 120.63 | 120.31 | 120.70 | 119.63 | 0.103 times |
03 Fri May 2024 | 120.10 | 120.28 | 122.11 | 117.15 | 0.948 times |
26 Fri Apr 2024 | 119.97 | 120.00 | 123.97 | 119.84 | 0.752 times |
19 Fri Apr 2024 | 119.52 | 124.17 | 124.68 | 117.74 | 1.081 times |
12 Fri Apr 2024 | 123.00 | 121.70 | 126.71 | 121.57 | 0.73 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Paychex Inc (PAYX)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 120.63 | 118.87 | 122.11 | 117.15 | 0.11 times |
30 Tue Apr 2024 | 118.81 | 123.00 | 126.71 | 114.72 | 1.315 times |
28 Thu Mar 2024 | 122.80 | 122.11 | 124.36 | 118.40 | 1.194 times |
29 Thu Feb 2024 | 122.62 | 121.78 | 125.26 | 119.23 | 0.862 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Paychex Inc (PAYX)
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Paychex Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Paychex Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Paychex Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 120.38 and Paychex Inc (PAYX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Paychex Inc (PAYX) stock. Volume based technical analysis of Paychex Inc (PAYX) stock is negative.
Paychex Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Paychex Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Paychex Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Paychex Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 120.38 and Paychex Inc (PAYX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Paychex Inc (PAYX) stock. Volume based technical analysis of Paychex Inc (PAYX) stock is negative.
Paychex Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.