(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 2024-06-28 View latest technical analysis
10 day averaged volume of Paychex Inc is 2216530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 118.56 | 117.57 | 119.83 | 117.52 | 2.958 times |
| 27 Thu Jun 2024 | 117.84 | 117.21 | 118.19 | 115.54 | 1.178 times |
| 26 Wed Jun 2024 | 117.39 | 125.00 | 125.00 | 117.31 | 2.335 times |
| 25 Tue Jun 2024 | 125.03 | 126.13 | 126.48 | 124.77 | 1.133 times |
| 24 Mon Jun 2024 | 126.08 | 126.22 | 127.75 | 125.59 | 0.783 times |
| 21 Fri Jun 2024 | 125.96 | 125.61 | 126.19 | 125.16 | 1.304 times |
| 20 Thu Jun 2024 | 125.08 | 125.29 | 126.20 | 124.84 | 1.018 times |
| 18 Tue Jun 2024 | 125.46 | 124.93 | 125.56 | 124.03 | 0.533 times |
| 18 Tue Jun 2024 | 125.46 | 124.93 | 125.56 | 124.03 | 0.533 times |
| 17 Mon Jun 2024 | 124.71 | 121.52 | 124.89 | 120.80 | 0.667 times |
Stock of Paychex Inc (PAYX) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120, but if it comes above 120, then a intra day buy could be more profitable.
If you take a sell trade below 120, then use 120 as stoploss and 116.9 as target. However if you take a buy trade in stock , then use 120 as stoploss and 122.63 as target.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Upside Target | 124.03 |
| Upside Target | 124.36 |
| Upside Target | 124.51 |
| Upside Target | 125.26 |
| 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 | 113.48 |
| Downside Intraday Target | 108.41 |
| Upside Intraday Target | 125.69 |
| Upside Intraday Target | 132.83 |
| Upside Intraday Target | 120.62 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 14 Fri Jun 2024 | 121.99 | 122.12 | 124.51 | 120.75 | 1.285 times |
| 07 Fri Jun 2024 | 122.58 | 120.14 | 124.16 | 118.72 | 0.803 times |
Price has moved down 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 |
| 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 |
| 28 Thu Mar 2024 | 122.80 | 122.11 | 124.36 | 118.40 | 1.194 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 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 Strong and stock is losing 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 buy signal for Paychex Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 121.56 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 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 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 Strong and stock is losing 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 buy signal for Paychex Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 121.56 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.