(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 2024-01-24 View latest technical analysis
10 day averaged volume of Paychex Inc is 1545280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 121.89 | 123.55 | 124.39 | 121.50 | 1.677 times |
| 23 Tue Jan 2024 | 122.82 | 122.64 | 123.50 | 122.51 | 1.306 times |
| 22 Mon Jan 2024 | 122.79 | 121.99 | 123.09 | 121.80 | 0.745 times |
| 19 Fri Jan 2024 | 122.09 | 121.03 | 122.75 | 119.79 | 1.46 times |
| 18 Thu Jan 2024 | 120.37 | 120.20 | 120.51 | 118.90 | 1.22 times |
| 17 Wed Jan 2024 | 120.11 | 119.36 | 120.37 | 119.36 | 0.896 times |
| 16 Tue Jan 2024 | 119.81 | 119.36 | 119.85 | 118.64 | 1.273 times |
| 12 Fri Jan 2024 | 119.72 | 119.98 | 120.37 | 118.79 | 0.669 times |
| 12 Fri Jan 2024 | 119.72 | 119.98 | 120.37 | 118.79 | 0.669 times |
| 11 Thu Jan 2024 | 119.14 | 118.97 | 119.23 | 117.78 | 1.108 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 121.3, but if it comes below 121.3, then a intra day sell could be more profitable.
If you take a sell trade below 121.3, then use 121.3 as stoploss and 119.69 as target. However if you take a buy trade in stock , then use 121.3 as stoploss and 123.2 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 106.27 |
| Downside Target | 109.02 |
| Downside Target | 116.77 |
| Downside Target | 120.37 |
| Downside Target | 121.50 |
| Upside Target | 122.17 |
| Upside Target | 122.75 |
| Upside Target | 123.21 |
| Upside Target | 124.39 |
| Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 120.8 |
| Downside Intraday Target | 119.7 |
| Upside Intraday Target | 123.69 |
| Upside Intraday Target | 125.48 |
| Upside Intraday Target | 122.59 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 121.89 | 121.99 | 124.39 | 121.50 | 0.769 times |
| 19 Fri Jan 2024 | 122.09 | 119.36 | 122.75 | 118.64 | 7.248 times |
| 12 Fri Jan 2024 | 119.72 | 119.98 | 120.37 | 118.79 | 0.146 times |
| 12 Fri Jan 2024 | 119.72 | 117.96 | 120.37 | 117.44 | 1.102 times |
| 05 Fri Jan 2024 | 117.98 | 118.84 | 119.09 | 116.77 | 5.155 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 |
| 24 Wed Jan 2024 | 121.89 | 118.84 | 124.39 | 116.77 | 0.586 times |
| 29 Fri Dec 2023 | 119.11 | 121.96 | 129.66 | 118.33 | 1.228 times |
| 30 Thu Nov 2023 | 121.97 | 109.36 | 122.17 | 106.27 | 1.108 times |
| 31 Tue Oct 2023 | 111.05 | 114.83 | 120.16 | 109.02 | 0.971 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 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 short 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 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 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 BUY. 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 120.99 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 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 short 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 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 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 BUY. 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 120.99 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.