(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 2024-04-08 View latest technical analysis
10 day averaged volume of Paychex Inc is 2257600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 123.85 | 121.70 | 124.11 | 121.57 | 1.173 times |
| 05 Fri Apr 2024 | 122.38 | 120.01 | 122.40 | 119.87 | 0.911 times |
| 04 Thu Apr 2024 | 119.99 | 121.29 | 121.81 | 119.39 | 0.899 times |
| 03 Wed Apr 2024 | 120.26 | 122.02 | 122.05 | 119.23 | 1.101 times |
| 02 Tue Apr 2024 | 122.08 | 116.57 | 122.58 | 114.72 | 2.216 times |
| 01 Mon Apr 2024 | 121.62 | 123.00 | 123.09 | 121.25 | 1.247 times |
| 28 Thu Mar 2024 | 122.80 | 122.00 | 122.97 | 121.85 | 0.717 times |
| 27 Wed Mar 2024 | 121.53 | 120.71 | 121.83 | 120.14 | 0.676 times |
| 26 Tue Mar 2024 | 119.58 | 118.58 | 119.80 | 118.40 | 0.763 times |
| 25 Mon Mar 2024 | 118.96 | 120.57 | 120.76 | 118.41 | 0.838 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 124.1, for a target of 122.7 or 121.45
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Downside Target | 123.09 |
| Downside Target | 123.34 |
| Downside Target | 123.68 |
| Upside Target | 124.11 |
| 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 | 122.24 |
| Downside Intraday Target | 120.64 |
| Upside Intraday Target | 124.78 |
| Upside Intraday Target | 125.72 |
| Downside Intraday Target | 123.18 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 123.85 | 121.70 | 124.11 | 121.57 | 0.184 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 |
| 15 Fri Mar 2024 | 120.28 | 121.24 | 123.34 | 119.79 | 1.248 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 |
| 08 Mon Apr 2024 | 123.85 | 123.00 | 124.11 | 114.72 | 0.463 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Paychex Inc in short term and the buy signal is strong.
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 buy signal for Paychex Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Paychex Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 121.46 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Paychex Inc in short term and the buy signal is strong.
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 buy signal for Paychex Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Paychex Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 121.46 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.