(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 2024-08-27 View latest technical analysis
10 day averaged volume of Paychex Inc is 1479528
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 130.10 | 129.14 | 130.54 | 129.14 | 1.15 times |
| 26 Mon Aug 2024 | 130.19 | 130.87 | 131.49 | 130.11 | 1.228 times |
| 23 Fri Aug 2024 | 130.00 | 128.39 | 130.15 | 127.76 | 1.433 times |
| 22 Thu Aug 2024 | 127.89 | 127.58 | 127.93 | 126.78 | 0.94 times |
| 21 Wed Aug 2024 | 127.03 | 126.00 | 127.10 | 125.45 | 1.092 times |
| 20 Tue Aug 2024 | 125.25 | 125.09 | 125.73 | 124.64 | 0.638 times |
| 19 Mon Aug 2024 | 125.21 | 125.20 | 126.21 | 124.69 | 1.056 times |
| 16 Fri Aug 2024 | 125.20 | 125.76 | 125.76 | 124.90 | 0.792 times |
| 15 Thu Aug 2024 | 125.82 | 125.29 | 126.29 | 125.29 | 0.845 times |
| 14 Wed Aug 2024 | 125.10 | 125.36 | 125.65 | 124.48 | 1.107 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 130.7, for a target of 128.3 or 126.24
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 114.72 |
| Downside Target | 122.07 |
| Downside Target | 127.48 |
| Downside Target | 127.75 |
| Downside Target | 128.00 |
| Downside Target | 129.14 |
| Downside Target | 129.92 |
| Upside Target | 130.15 |
| Upside Target | 131.49 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 129 |
| Downside Intraday Target | 127.89 |
| Upside Intraday Target | 131.35 |
| Upside Intraday Target | 132.59 |
| Upside Intraday Target | 130.24 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 130.10 | 130.87 | 131.49 | 129.14 | 0.461 times |
| 23 Fri Aug 2024 | 130.00 | 125.20 | 130.15 | 124.64 | 1.076 times |
| 16 Fri Aug 2024 | 125.20 | 124.40 | 126.29 | 123.13 | 0.797 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 |
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 |
| 27 Tue Aug 2024 | 130.10 | 127.40 | 131.49 | 122.07 | 0.769 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Paychex Inc in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Paychex Inc in short term but SELL signal is weak.
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 127.5 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Paychex Inc in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Paychex Inc in short term but SELL signal is weak.
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 127.5 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.