(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 2024-05-20 View latest technical analysis
10 day averaged volume of Paychex Inc is 1455929
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 125.57 | 125.80 | 125.81 | 124.84 | 0.616 times |
| 17 Fri May 2024 | 125.65 | 125.10 | 125.83 | 124.14 | 1.659 times |
| 16 Thu May 2024 | 125.19 | 124.37 | 125.63 | 123.56 | 0.985 times |
| 15 Wed May 2024 | 124.37 | 124.31 | 125.29 | 124.05 | 0.87 times |
| 14 Tue May 2024 | 123.71 | 125.00 | 126.21 | 123.07 | 1.684 times |
| 13 Mon May 2024 | 124.77 | 122.97 | 124.88 | 122.94 | 1.158 times |
| 10 Fri May 2024 | 122.55 | 121.79 | 122.62 | 121.32 | 0.73 times |
| 09 Thu May 2024 | 121.30 | 120.45 | 121.38 | 120.09 | 1.003 times |
| 08 Wed May 2024 | 121.19 | 121.99 | 122.10 | 120.24 | 0.601 times |
| 07 Tue May 2024 | 121.79 | 120.94 | 122.02 | 120.64 | 0.735 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 124.2, but if it comes below 124.2, then a intra day sell could be more profitable.
If you take a sell trade below 124.2, then use 124.2 as stoploss and 122.02 as target. However if you take a buy trade in stock , then use 124.2 as stoploss and 126.8 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Downside Target | 123.97 |
| Downside Target | 124.36 |
| Downside Target | 124.39 |
| Downside Target | 124.84 |
| Downside Target | 125.26 |
| Upside Target | 125.81 |
| Upside Target | 126.21 |
| Upside Target | 126.71 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 125 |
| Downside Intraday Target | 124.44 |
| Upside Intraday Target | 125.97 |
| Upside Intraday Target | 126.38 |
| Downside Intraday Target | 125.41 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 125.57 | 125.80 | 125.81 | 124.84 | 0.097 times |
| 17 Fri May 2024 | 125.65 | 122.97 | 126.21 | 122.94 | 1.744 times |
| 10 Fri May 2024 | 122.55 | 120.31 | 122.62 | 119.63 | 0.655 times |
| 03 Fri May 2024 | 120.10 | 120.28 | 122.11 | 117.15 | 0.948 times |
| 26 Fri Apr 2024 | 119.97 | 120.00 | 123.97 | 119.84 | 0.752 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 |
| 20 Mon May 2024 | 125.57 | 118.87 | 126.21 | 117.15 | 0.412 times |
| 30 Tue Apr 2024 | 118.81 | 123.00 | 126.71 | 114.72 | 1.315 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 |
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 Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 123.85 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 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 Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 123.85 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.