(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 2024-04-02 View latest technical analysis
10 day averaged volume of Paychex Inc is 1701940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 122.08 | 116.57 | 122.58 | 114.72 | 2.94 times |
| 01 Mon Apr 2024 | 121.62 | 123.00 | 123.09 | 121.25 | 1.654 times |
| 28 Thu Mar 2024 | 122.80 | 122.00 | 122.97 | 121.85 | 0.951 times |
| 27 Wed Mar 2024 | 121.53 | 120.71 | 121.83 | 120.14 | 0.897 times |
| 26 Tue Mar 2024 | 119.58 | 118.58 | 119.80 | 118.40 | 1.012 times |
| 25 Mon Mar 2024 | 118.96 | 120.57 | 120.76 | 118.41 | 1.112 times |
| 22 Fri Mar 2024 | 120.84 | 122.84 | 122.84 | 120.69 | 0.838 times |
| 21 Thu Mar 2024 | 122.33 | 123.34 | 123.68 | 122.30 | 1.287 times |
| 20 Wed Mar 2024 | 123.00 | 121.53 | 123.54 | 120.96 | 0.881 times |
| 19 Tue Mar 2024 | 121.04 | 120.44 | 121.16 | 120.02 | 0.653 times |
Stock of Paychex Inc (PAYX) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 122.3 as stoploss in an intra day sell trade for a target of 121.28. However, stock will show a bullish move above 122.3.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Upside Target | 122.97 |
| Upside Target | 123.09 |
| Upside Target | 123.34 |
| Upside Target | 123.68 |
| Upside Target | 124.36 |
| Upside Target | 124.39 |
| Upside Target | 125.26 |
| Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 116.84 |
| Downside Intraday Target | 111.59 |
| Upside Intraday Target | 125.21 |
| Upside Intraday Target | 128.33 |
| Downside Intraday Target | 119.96 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 122.08 | 123.00 | 123.09 | 114.72 | 1.157 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 |
| 15 Fri Mar 2024 | 120.28 | 121.24 | 123.34 | 119.79 | 1.248 times |
| 08 Fri Mar 2024 | 120.82 | 122.95 | 124.36 | 119.61 | 1.57 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 |
| 02 Tue Apr 2024 | 122.08 | 123.00 | 123.09 | 114.72 | 0.212 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 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 short 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 short to mid 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 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 BUY signal for Paychex Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 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 121.49 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 rising upwards.
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 is giving positive 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 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 short 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 short to mid 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 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 BUY signal for Paychex Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 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 121.49 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 rising upwards.
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 is giving positive 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.