(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 2024-02-28 View latest technical analysis
10 day averaged volume of Paychex Inc is 1356520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 122.41 | 122.90 | 123.41 | 122.30 | 0.662 times |
| 27 Tue Feb 2024 | 122.90 | 123.05 | 123.75 | 122.30 | 0.776 times |
| 26 Mon Feb 2024 | 123.37 | 124.62 | 124.83 | 123.28 | 0.879 times |
| 23 Fri Feb 2024 | 124.64 | 125.00 | 125.26 | 124.58 | 0.794 times |
| 22 Thu Feb 2024 | 124.71 | 123.78 | 125.01 | 123.24 | 1.082 times |
| 21 Wed Feb 2024 | 123.43 | 124.71 | 124.85 | 122.77 | 0.811 times |
| 20 Tue Feb 2024 | 124.49 | 123.38 | 124.51 | 123.27 | 1.043 times |
| 16 Fri Feb 2024 | 123.38 | 122.65 | 123.82 | 122.01 | 0.811 times |
| 15 Thu Feb 2024 | 122.79 | 122.60 | 123.20 | 122.41 | 1.058 times |
| 14 Wed Feb 2024 | 122.22 | 121.80 | 122.79 | 121.27 | 1.321 times |
My analysis of stock is bearish for shortterm, and stock might move down till 121.4 or till 120. Use a stoploss of 122.62 and if the stock hits stoploss, then it can shoot up till 123.8
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 106.27 |
| Downside Target | 109.02 |
| Downside Target | 116.77 |
| Upside Target | 123.25 |
| Upside Target | 123.82 |
| Upside Target | 124.39 |
| Upside Target | 124.83 |
| Upside Target | 125.26 |
| Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 121.53 |
| Downside Intraday Target | 120.65 |
| Upside Intraday Target | 124.06 |
| Upside Intraday Target | 125.71 |
| Upside Intraday Target | 123.18 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 122.41 | 124.62 | 124.83 | 122.30 | 0.621 times |
| 23 Fri Feb 2024 | 124.64 | 123.38 | 125.26 | 122.77 | 0.594 times |
| 16 Fri Feb 2024 | 123.38 | 122.12 | 123.82 | 120.36 | 1.05 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 |
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 |
| 28 Wed Feb 2024 | 122.41 | 121.78 | 125.26 | 119.23 | 0.807 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 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 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 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 green color and prices are in or below the green 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 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 123.43 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 green color and prices are in or below the green 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 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 123.43 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. 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.