(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 2024-08-07 View latest technical analysis
10 day averaged volume of Paychex Inc is 1879085
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 123.22 | 125.01 | 127.19 | 123.08 | 1.001 times |
| 06 Tue Aug 2024 | 125.22 | 124.70 | 126.82 | 124.07 | 0.823 times |
| 05 Mon Aug 2024 | 124.70 | 127.81 | 128.00 | 124.29 | 1.201 times |
| 02 Fri Aug 2024 | 127.28 | 126.42 | 127.52 | 124.65 | 1.285 times |
| 01 Thu Aug 2024 | 126.49 | 127.40 | 128.68 | 125.61 | 1.124 times |
| 31 Wed Jul 2024 | 128.02 | 128.96 | 129.92 | 127.93 | 1.001 times |
| 30 Tue Jul 2024 | 127.92 | 127.18 | 128.41 | 127.18 | 0.871 times |
| 29 Mon Jul 2024 | 126.77 | 126.01 | 127.11 | 125.24 | 0.509 times |
| 26 Fri Jul 2024 | 125.75 | 124.45 | 126.19 | 124.26 | 0.73 times |
| 25 Thu Jul 2024 | 123.98 | 124.10 | 127.40 | 123.77 | 0.973 times |
My analysis of stock is bearish for shortterm, and stock might move down till 121.4 or till 118. Use a stoploss of 124.21 and if the stock hits stoploss, then it can shoot up till 127.03
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 | 121.53 |
| Downside Intraday Target | 119.85 |
| Upside Intraday Target | 126.45 |
| Upside Intraday Target | 129.69 |
| Upside Intraday Target | 124.77 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 123.22 | 127.81 | 128.00 | 123.08 | 0.631 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 |
| 12 Fri Jul 2024 | 118.30 | 117.48 | 118.85 | 115.40 | 3.323 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 |
| 07 Wed Aug 2024 | 123.22 | 127.40 | 128.68 | 123.08 | 0.248 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 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 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 losing 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 getting stronger in this stock.
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 and selling is picking up 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 125.91 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 losing 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 getting stronger in this stock.
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 and selling is picking up 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 125.91 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. 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 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.