(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 2024-07-16 View latest technical analysis
10 day averaged volume of Paychex Inc is 1624024
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 124.28 | 121.54 | 124.31 | 121.49 | 1.103 times |
| 15 Mon Jul 2024 | 121.63 | 118.58 | 121.86 | 118.58 | 1.205 times |
| 12 Fri Jul 2024 | 118.30 | 117.82 | 118.85 | 117.43 | 0.895 times |
| 11 Thu Jul 2024 | 117.06 | 116.84 | 118.52 | 116.57 | 0.991 times |
| 10 Wed Jul 2024 | 116.97 | 117.08 | 117.08 | 115.40 | 1.458 times |
| 09 Tue Jul 2024 | 117.02 | 116.01 | 117.22 | 115.80 | 1.11 times |
| 08 Mon Jul 2024 | 116.17 | 117.48 | 118.00 | 115.77 | 0.986 times |
| 05 Fri Jul 2024 | 117.54 | 117.73 | 117.73 | 116.33 | 0.976 times |
| 03 Wed Jul 2024 | 117.43 | 118.20 | 118.38 | 117.38 | 0.66 times |
| 03 Wed Jul 2024 | 117.43 | 118.20 | 118.38 | 117.38 | 0.66 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 123.7, but if it comes below 123.7, then a intra day sell could be more profitable.
If you take a sell trade below 123.7, then use 123.7 as stoploss and 120.03 as target. However if you take a buy trade in stock , then use 123.7 as stoploss and 128 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Downside Target | 118.85 |
| Downside Target | 120.14 |
| Upside Target | 124.31 |
| Upside Target | 124.36 |
| 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 | 120.47 |
| Downside Intraday Target | 116.66 |
| Upside Intraday Target | 126.2 |
| Upside Intraday Target | 128.12 |
| Downside Intraday Target | 122.39 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 124.28 | 118.58 | 124.31 | 118.58 | 0.424 times |
| 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 |
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 |
| 16 Tue Jul 2024 | 124.28 | 118.97 | 124.31 | 115.40 | 0.441 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but the buy signal is initial and weak.
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 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 118.5 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but the buy signal is initial and weak.
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 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 118.5 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.