(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 2024-07-05 View latest technical analysis
10 day averaged volume of Paychex Inc is 2706960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 117.54 | 117.73 | 117.73 | 116.33 | 0.586 times |
| 03 Wed Jul 2024 | 117.43 | 118.20 | 118.38 | 117.38 | 0.396 times |
| 03 Wed Jul 2024 | 117.43 | 118.20 | 118.38 | 117.38 | 0.396 times |
| 02 Tue Jul 2024 | 118.38 | 116.77 | 118.43 | 116.23 | 0.635 times |
| 01 Mon Jul 2024 | 117.00 | 118.97 | 120.14 | 116.36 | 0.638 times |
| 28 Fri Jun 2024 | 118.56 | 117.57 | 119.83 | 117.52 | 2.422 times |
| 27 Thu Jun 2024 | 117.84 | 117.21 | 118.19 | 115.54 | 0.964 times |
| 26 Wed Jun 2024 | 117.39 | 125.00 | 125.00 | 117.31 | 1.912 times |
| 25 Tue Jun 2024 | 125.03 | 126.13 | 126.48 | 124.77 | 0.927 times |
| 24 Mon Jun 2024 | 126.08 | 126.22 | 127.75 | 125.59 | 0.641 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 118.2, but if it comes above 118.2, then a intra day buy could be more profitable.
If you take a sell trade below 118.2, then use 118.2 as stoploss and 114.1 as target. However if you take a buy trade in stock , then use 118.2 as stoploss and 121.64 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Upside Target | 120.80 |
| Upside Target | 124.03 |
| Upside Target | 124.36 |
| Upside Target | 125.56 |
| Upside Target | 126.20 |
| Upside Target | 126.71 |
| Upside Target | 127.48 |
| Upside Target | 127.75 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 116.45 |
| Downside Intraday Target | 115.37 |
| Upside Intraday Target | 118.5 |
| Upside Intraday Target | 119.47 |
| Downside Intraday Target | 117.42 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 117.54 | 118.20 | 118.38 | 116.33 | 0.588 times |
| 03 Wed Jul 2024 | 117.43 | 118.97 | 120.14 | 116.23 | 0.243 times |
| 28 Fri Jun 2024 | 118.56 | 126.22 | 127.75 | 115.54 | 2.938 times |
| 21 Fri Jun 2024 | 125.96 | 124.93 | 126.20 | 124.03 | 2.379 times |
| 18 Tue Jun 2024 | 125.46 | 121.52 | 125.56 | 120.80 | 0.274 times |
Price has moved up 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 |
| 05 Fri Jul 2024 | 117.54 | 118.97 | 120.14 | 116.23 | 0.16 times |
| 28 Fri Jun 2024 | 118.56 | 120.14 | 127.75 | 115.54 | 1.313 times |
| 31 Fri May 2024 | 120.16 | 118.87 | 127.48 | 117.15 | 0.706 times |
| 30 Tue Apr 2024 | 118.81 | 123.00 | 126.71 | 114.72 | 1.315 times |
Scroll below to view daily charts
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)
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid 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 mid to longer 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
ADX buy sell signal for Paychex Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Paychex Inc in short term and the sell signal is strong.
Paychex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up 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 119.12 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid 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 mid to longer 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
ADX buy sell signal for Paychex Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Paychex Inc in short term and the sell signal is strong.
Paychex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up 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 119.12 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.