(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 2024-07-02 View latest technical analysis
10 day averaged volume of Paychex Inc is 2782720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 118.38 | 116.77 | 118.43 | 116.23 | 0.617 times |
| 01 Mon Jul 2024 | 117.00 | 118.97 | 120.14 | 116.36 | 0.621 times |
| 28 Fri Jun 2024 | 118.56 | 117.57 | 119.83 | 117.52 | 2.356 times |
| 27 Thu Jun 2024 | 117.84 | 117.21 | 118.19 | 115.54 | 0.938 times |
| 26 Wed Jun 2024 | 117.39 | 125.00 | 125.00 | 117.31 | 1.86 times |
| 25 Tue Jun 2024 | 125.03 | 126.13 | 126.48 | 124.77 | 0.902 times |
| 24 Mon Jun 2024 | 126.08 | 126.22 | 127.75 | 125.59 | 0.624 times |
| 21 Fri Jun 2024 | 125.96 | 125.61 | 126.19 | 125.16 | 1.038 times |
| 20 Thu Jun 2024 | 125.08 | 125.29 | 126.20 | 124.84 | 0.811 times |
| 18 Tue Jun 2024 | 125.46 | 124.93 | 125.56 | 124.03 | 0.425 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 119.4, but if it comes above 119.4, then a intra day buy could be more profitable.
If you take a sell trade below 119.4, then use 119.4 as stoploss and 115.8 as target. However if you take a buy trade in stock , then use 119.4 as stoploss and 122.32 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 | 125.56 |
| 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 | 116.36 |
| Downside Intraday Target | 114.34 |
| Upside Intraday Target | 120.27 |
| Upside Intraday Target | 122.16 |
| Downside Intraday Target | 118.25 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 118.38 | 118.97 | 120.14 | 116.23 | 0.185 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 |
| 14 Fri Jun 2024 | 121.99 | 122.12 | 124.51 | 120.75 | 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 |
| 02 Tue Jul 2024 | 118.38 | 118.97 | 120.14 | 116.23 | 0.077 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 120.77 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 120.77 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.