(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 2024-02-14 View latest technical analysis
10 day averaged volume of Paychex Inc is 1868620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 122.22 | 121.80 | 122.79 | 121.27 | 0.959 times |
| 13 Tue Feb 2024 | 121.39 | 121.65 | 121.84 | 120.36 | 1.034 times |
| 12 Mon Feb 2024 | 122.10 | 122.12 | 122.54 | 121.56 | 1.208 times |
| 09 Fri Feb 2024 | 123.03 | 123.01 | 123.25 | 121.84 | 0.918 times |
| 08 Thu Feb 2024 | 122.75 | 122.00 | 122.81 | 121.10 | 0.58 times |
| 07 Wed Feb 2024 | 122.10 | 122.95 | 123.19 | 121.65 | 0.755 times |
| 06 Tue Feb 2024 | 122.19 | 120.35 | 122.61 | 119.96 | 1.198 times |
| 05 Mon Feb 2024 | 119.89 | 121.32 | 121.34 | 119.42 | 0.89 times |
| 02 Fri Feb 2024 | 121.77 | 121.19 | 122.09 | 120.19 | 1.041 times |
| 01 Thu Feb 2024 | 121.10 | 121.78 | 122.01 | 119.23 | 1.117 times |
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 122.6 as stoploss in an intra day sell trade for a target of 121.8. However, stock will show a bullish move above 122.6.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 106.27 |
| Downside Target | 109.02 |
| Downside Target | 116.77 |
| Upside Target | 122.75 |
| Upside Target | 122.79 |
| Upside Target | 123.25 |
| Upside Target | 123.82 |
| Upside Target | 124.39 |
| Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 120.79 |
| Downside Intraday Target | 119.36 |
| Upside Intraday Target | 123.22 |
| Upside Intraday Target | 124.22 |
| Downside Intraday Target | 121.79 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 122.22 | 122.12 | 122.79 | 120.36 | 0.737 times |
| 09 Fri Feb 2024 | 123.03 | 121.32 | 123.25 | 119.42 | 0.87 times |
| 02 Fri Feb 2024 | 121.77 | 120.57 | 123.82 | 119.23 | 1.098 times |
| 26 Fri Jan 2024 | 120.94 | 121.99 | 124.39 | 120.35 | 1.133 times |
| 19 Fri Jan 2024 | 122.09 | 119.36 | 122.75 | 118.64 | 7.248 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 |
| 14 Wed Feb 2024 | 122.22 | 121.78 | 123.25 | 119.23 | 0.507 times |
| 31 Wed Jan 2024 | 121.73 | 118.84 | 124.39 | 116.77 | 0.755 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 |
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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Paychex Inc in short term and BUY signal is strong.
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 121.82 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 positive
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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Paychex Inc in short term and BUY signal is strong.
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 121.82 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.