(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 2024-08-12 View latest technical analysis
10 day averaged volume of Paychex Inc is 1790229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 123.75 | 124.40 | 124.68 | 123.13 | 0.978 times |
| 09 Fri Aug 2024 | 124.46 | 124.17 | 124.72 | 123.00 | 0.664 times |
| 08 Thu Aug 2024 | 124.37 | 122.66 | 124.95 | 122.07 | 1.133 times |
| 07 Wed Aug 2024 | 123.22 | 125.01 | 127.19 | 123.08 | 1.05 times |
| 06 Tue Aug 2024 | 125.22 | 124.70 | 126.82 | 124.07 | 0.864 times |
| 05 Mon Aug 2024 | 124.70 | 127.81 | 128.00 | 124.29 | 1.261 times |
| 02 Fri Aug 2024 | 127.28 | 126.42 | 127.52 | 124.65 | 1.349 times |
| 01 Thu Aug 2024 | 126.49 | 127.40 | 128.68 | 125.61 | 1.18 times |
| 31 Wed Jul 2024 | 128.02 | 128.96 | 129.92 | 127.93 | 1.051 times |
| 30 Tue Jul 2024 | 127.92 | 127.18 | 128.41 | 127.18 | 0.915 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 123.3 as stoploss in an intra day buy trade for a target of 124.99. However, stock will show a bearish move below 123.3.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Downside Target | 121.33 |
| Upside Target | 126.71 |
| Upside Target | 127.40 |
| Upside Target | 127.48 |
| Upside Target | 127.75 |
| Upside Target | 128.00 |
| Upside Target | 128.18 |
| Upside Target | 128.68 |
| Upside Target | 129.92 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 123.03 |
| Downside Intraday Target | 122.3 |
| Upside Intraday Target | 124.58 |
| Upside Intraday Target | 125.4 |
| Upside Intraday Target | 123.85 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 123.75 | 124.40 | 124.68 | 123.13 | 0.197 times |
| 09 Fri Aug 2024 | 124.46 | 127.81 | 128.00 | 122.07 | 0.989 times |
| 02 Fri Aug 2024 | 127.28 | 126.01 | 129.92 | 124.65 | 0.96 times |
| 26 Fri Jul 2024 | 125.75 | 123.07 | 127.40 | 121.33 | 0.826 times |
| 19 Fri Jul 2024 | 122.68 | 118.58 | 128.18 | 118.58 | 1.285 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 |
| 12 Mon Aug 2024 | 123.75 | 127.40 | 128.68 | 122.07 | 0.368 times |
| 31 Wed Jul 2024 | 128.02 | 118.97 | 129.92 | 115.40 | 0.919 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 |
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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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
Although the stock is in the BUY zone, but buying 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 125.61 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 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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
Although the stock is in the BUY zone, but buying 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 125.61 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.