(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 2024-07-12 View latest technical analysis
10 day averaged volume of Paychex Inc is 2111390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 118.30 | 117.82 | 118.85 | 117.43 | 0.688 times |
| 11 Thu Jul 2024 | 117.06 | 116.84 | 118.52 | 116.57 | 0.762 times |
| 10 Wed Jul 2024 | 116.97 | 117.08 | 117.08 | 115.40 | 1.122 times |
| 09 Tue Jul 2024 | 117.02 | 116.01 | 117.22 | 115.80 | 0.854 times |
| 08 Mon Jul 2024 | 116.17 | 117.48 | 118.00 | 115.77 | 0.759 times |
| 05 Fri Jul 2024 | 117.54 | 117.73 | 117.73 | 116.33 | 0.751 times |
| 03 Wed Jul 2024 | 117.43 | 118.20 | 118.38 | 117.38 | 0.508 times |
| 03 Wed Jul 2024 | 117.43 | 118.20 | 118.38 | 117.38 | 0.508 times |
| 02 Tue Jul 2024 | 118.38 | 116.77 | 118.43 | 116.23 | 0.814 times |
| 01 Mon Jul 2024 | 117.00 | 118.97 | 120.14 | 116.36 | 0.818 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 116.4 as stoploss in an intra day buy trade for a target of 120.24. However, stock will show a bearish move below 116.4.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Upside Target | 120.14 |
| Upside Target | 124.03 |
| Upside Target | 124.36 |
| 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 | 116.18 |
| Downside Intraday Target | 114.07 |
| Upside Intraday Target | 119.63 |
| Upside Intraday Target | 120.97 |
| Downside Intraday Target | 117.52 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 118.30 | 117.48 | 118.85 | 115.40 | 3.323 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Paychex Inc (PAYX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 118.30 | 118.97 | 120.14 | 115.40 | 0.357 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Paychex Inc in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 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 117.3 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Paychex Inc in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 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 117.3 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 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.