Taking everything into account, PAYX scores 1 out of 10 in our technical rating. PAYX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PAYX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
107.38
We found 2 important support areas.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PAYX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAYX is neutral. |
| ChartMill Relative Strength | 18.75 | NEGATIVE | PAYX has a low relative strength, it was outperformed by 81.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAYX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAYX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAYX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.87 | NEUTRAL | The RSI value for PAYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests PAYX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.67 | NEUTRAL | The Stochastics value for PAYX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for PAYX suggests low volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for PAYX suggests a possible start of a new trend. |
114.1
-0.78 (-0.68%)
ChartMill assigns a technical rating of 1 / 10 to PAYX.
The current trend direction for PAYCHEX INC (PAYX) is Bearish.
PAYCHEX INC (PAYX) has an RSI value of 49.8701. This indicates that the stock is currently neutral.
The short term momentum for PAYCHEX INC (PAYX) is neutral.