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(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 1869950

Date Daily Closing Price Open High Low Volume
04 Thu Mar 2021 89.31 90.43 91.48 88.68 1.201 times
03 Wed Mar 2021 90.48 91.53 91.95 90.35 0.809 times
02 Tue Mar 2021 92.14 92.69 93.19 91.65 0.81 times
02 Tue Mar 2021 92.14 92.69 93.19 91.65 0.81 times
01 Mon Mar 2021 92.75 92.14 93.70 91.21 0.84 times
26 Fri Feb 2021 91.07 91.11 92.00 90.32 1.287 times
25 Thu Feb 2021 91.41 93.01 93.80 91.01 1.136 times
24 Wed Feb 2021 93.36 90.04 93.70 89.41 1.107 times
23 Tue Feb 2021 90.88 90.16 91.71 89.48 1.176 times
22 Mon Feb 2021 90.39 89.69 91.33 89.12 1.089 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89.7, but if it comes above 89.7, then a intra day buy could be more profitable.
If you take a sell trade below 89.7, then use 89.7 as stoploss and 88.3 as target. However if you take a buy trade in stock , then use 89.7 as stoploss and 90.89 as target.

Share price targets for Paychex Inc (PAYX)

Target Type Value
Downside Target 82.41
Downside Target 85.30
Upside Target 92.09
Upside Target 93.19
Upside Target 93.52
Upside Target 93.70
Upside Target 93.80
Upside Target 94.95
Upside Target 99.95

Intraday share price targets for Paychex Inc (PAYX)

Target Type Value
Downside Intraday Target 87.6
Downside Intraday Target 85.88
Upside Intraday Target 92.11
Upside Intraday Target 94.9
Upside Intraday Target 90.39

Weekly technical analysis of Paychex Inc (PAYX)

Date Weekly Closing Price Open High Low Volume
04 Thu Mar 2021 89.31 92.69 93.19 88.68 1.709 times
02 Tue Mar 2021 92.14 92.14 93.70 91.21 0.285 times
26 Fri Feb 2021 91.07 89.69 93.80 89.12 1.239 times
19 Fri Feb 2021 90.25 89.34 92.09 87.67 1.426 times
12 Fri Feb 2021 89.40 90.63 91.89 88.81 0.822 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
04 Thu Mar 2021 89.31 92.14 93.70 88.68 0.252 times
26 Fri Feb 2021 91.07 87.77 93.80 86.89 0.919 times
29 Fri Jan 2021 87.32 93.21 93.52 85.30 0.952 times
31 Thu Dec 2020 93.18 93.74 99.95 90.73 1.308 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 23, 10 Sell
MACD 0, 1Sell
Stochastics 36None
CCI -125Sell
RSI 53Buy
OBV -2821300Sell
VWAP 91Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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.

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 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 red color and prices are in or above the red 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 91.31 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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