(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 2024-03-08 View latest technical analysis
10 day averaged volume of Paychex Inc is 1544850
Date | Daily Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 120.82 | 120.84 | 121.89 | 120.25 | 0.871 times |
07 Thu Mar 2024 | 121.13 | 121.53 | 122.06 | 120.13 | 1.318 times |
06 Wed Mar 2024 | 120.73 | 120.12 | 121.38 | 119.61 | 1.165 times |
05 Tue Mar 2024 | 120.23 | 122.38 | 122.50 | 119.67 | 1.095 times |
04 Mon Mar 2024 | 122.34 | 122.95 | 124.36 | 122.30 | 1.766 times |
01 Fri Mar 2024 | 122.23 | 122.11 | 122.65 | 121.38 | 0.659 times |
29 Thu Feb 2024 | 122.62 | 123.14 | 123.14 | 122.16 | 1.265 times |
28 Wed Feb 2024 | 122.41 | 122.90 | 123.41 | 122.30 | 0.582 times |
27 Tue Feb 2024 | 122.90 | 123.05 | 123.75 | 122.30 | 0.681 times |
26 Mon Feb 2024 | 123.37 | 124.62 | 124.83 | 123.28 | 0.772 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121.3, but if it comes above 121.3, then a intra day buy could be more profitable.
If you take a sell trade below 121.3, then use 121.3 as stoploss and 119.8 as target. However if you take a buy trade in stock , then use 121.3 as stoploss and 122.55 as target.
Share price targets for Paychex Inc (PAYX)
Target Type | Value |
Downside Target | 106.27 |
Downside Target | 116.77 |
Upside Target | 123.25 |
Upside Target | 123.82 |
Upside Target | 124.36 |
Upside Target | 124.39 |
Upside Target | 124.83 |
Upside Target | 125.26 |
Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
Target Type | Value |
Downside Intraday Target | 118.83 |
Downside Intraday Target | 116.85 |
Upside Intraday Target | 123.58 |
Upside Intraday Target | 126.35 |
Upside Intraday Target | 121.6 |
Weekly technical analysis of Paychex Inc (PAYX)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 120.82 | 122.95 | 124.36 | 119.61 | 1.57 times |
01 Fri Mar 2024 | 122.23 | 124.62 | 124.83 | 121.38 | 1.209 times |
23 Fri Feb 2024 | 124.64 | 123.38 | 125.26 | 122.77 | 0.594 times |
16 Fri Feb 2024 | 123.38 | 122.12 | 123.82 | 120.36 | 1.05 times |
09 Fri Feb 2024 | 123.03 | 121.32 | 123.25 | 119.42 | 0.87 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Paychex Inc (PAYX)
Date | Monthly Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 120.82 | 122.11 | 124.36 | 119.61 | 0.345 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 |
29 Fri Dec 2023 | 119.11 | 121.96 | 129.66 | 118.33 | 1.228 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 neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.
Paychex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Paychex Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 121.79 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 neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.
Paychex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Paychex Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 121.79 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.