(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 2024-04-19 View latest technical analysis
10 day averaged volume of Paychex Inc is 2127960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 119.52 | 117.79 | 119.85 | 117.79 | 1.242 times |
| 18 Thu Apr 2024 | 117.79 | 119.78 | 119.78 | 117.74 | 1.08 times |
| 17 Wed Apr 2024 | 119.14 | 121.49 | 121.49 | 119.07 | 1.072 times |
| 16 Tue Apr 2024 | 121.14 | 122.49 | 122.76 | 121.00 | 0.94 times |
| 15 Mon Apr 2024 | 122.45 | 124.17 | 124.68 | 122.25 | 1.005 times |
| 12 Fri Apr 2024 | 123.00 | 123.67 | 124.10 | 122.25 | 0.942 times |
| 11 Thu Apr 2024 | 124.24 | 124.78 | 125.86 | 122.83 | 0.805 times |
| 10 Wed Apr 2024 | 124.52 | 126.00 | 126.20 | 123.41 | 0.899 times |
| 09 Tue Apr 2024 | 126.59 | 124.81 | 126.71 | 124.33 | 1.047 times |
| 08 Mon Apr 2024 | 123.85 | 121.70 | 124.11 | 121.57 | 1.244 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 119.5 as stoploss in an intra day buy trade for a target of 121.61. However, stock will show a bearish move below 119.5.
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 | 116.61 |
| Downside Intraday Target | 113.71 |
| Upside Intraday Target | 123.55 |
| Upside Intraday Target | 127.59 |
| Upside Intraday Target | 120.65 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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 |
| 19 Fri Apr 2024 | 119.52 | 123.00 | 126.71 | 114.72 | 0.985 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 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 Strong 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 getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 122.1 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 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 Strong 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 getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 122.1 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.