(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.
10 day averaged volume of Paychex Inc is 2121450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 119.14 | 121.49 | 121.49 | 119.07 | 1.075 times |
| 16 Tue Apr 2024 | 121.14 | 122.49 | 122.76 | 121.00 | 0.943 times |
| 15 Mon Apr 2024 | 122.45 | 124.17 | 124.68 | 122.25 | 1.008 times |
| 12 Fri Apr 2024 | 123.00 | 123.67 | 124.10 | 122.25 | 0.945 times |
| 11 Thu Apr 2024 | 124.24 | 124.78 | 125.86 | 122.83 | 0.807 times |
| 10 Wed Apr 2024 | 124.52 | 126.00 | 126.20 | 123.41 | 0.902 times |
| 09 Tue Apr 2024 | 126.59 | 124.81 | 126.71 | 124.33 | 1.05 times |
| 08 Mon Apr 2024 | 123.85 | 121.70 | 124.11 | 121.57 | 1.248 times |
| 05 Fri Apr 2024 | 122.38 | 120.01 | 122.40 | 119.87 | 0.969 times |
| 04 Thu Apr 2024 | 119.99 | 121.29 | 121.81 | 119.39 | 0.956 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120.1, but if it comes above 120.1, then a intra day buy could be more profitable.
If you take a sell trade below 120.1, then use 120.1 as stoploss and 117.9 as target. However if you take a buy trade in stock , then use 120.1 as stoploss and 122.02 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Upside Target | 123.09 |
| Upside Target | 123.68 |
| Upside Target | 124.36 |
| Upside Target | 124.39 |
| Upside Target | 124.68 |
| Upside Target | 125.26 |
| Upside Target | 126.71 |
| Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 117.25 |
| Downside Intraday Target | 115.35 |
| Upside Intraday Target | 122.86 |
| Upside Intraday Target | 126.57 |
| Upside Intraday Target | 120.96 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 119.14 | 124.17 | 124.68 | 119.07 | 0.611 times |
| 12 Fri Apr 2024 | 123.00 | 121.70 | 126.71 | 121.57 | 0.73 times |
| 05 Fri Apr 2024 | 122.38 | 123.00 | 123.09 | 114.72 | 2.128 times |
| 28 Thu Mar 2024 | 122.80 | 120.57 | 122.97 | 118.40 | 0.908 times |
| 22 Fri Mar 2024 | 120.84 | 121.08 | 123.68 | 120.02 | 0.621 times |
Price has moved down 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 |
| 17 Wed Apr 2024 | 119.14 | 123.00 | 126.71 | 114.72 | 0.851 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 |
| 31 Wed Jan 2024 | 121.73 | 118.84 | 124.39 | 116.77 | 0.755 times |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Paychex Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Paychex Inc in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Paychex Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 122.72 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Paychex Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Paychex Inc in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Paychex Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 122.72 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. 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.