PAYCHEX INC (PAYX) Stock Technical Analysis
NASDAQ:PAYX - Nasdaq - US7043261079 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to PAYX. In the last year, PAYX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PAYX has a been trading in the 151.39 - 161.24 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, PAYX did better than 81% of all other stocks. On top of that, PAYX also shows a nice and consistent pattern of rising prices.
PAYX is one of the better performing stocks in the Professional Services industry, it outperforms 81% of 81 stocks in the same industry.
PAYX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAYX is lagging the market slightly.
PAYX has an average volume of 1906960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although PAYX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
127.11
161.39
2 important support areas can be observed.
- A support zone ranging from 135.86 to 140.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @128.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 156.72 to 159.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for PAYX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAYX is down. |
| ChartMill Relative Strength | 81.93 | POSITIVE | PAYX has a high relative strength, it outperformed 81.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAYX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PAYX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAYX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.45 | NEUTRAL | The RSI value for PAYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests PAYX has a negative trend. |
| Stochastics (14,3) | 15.89 | OVERSOLD | The low Stochastics value suggests PAYX may be oversold. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for PAYX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for PAYX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:PAYX (6/16/2025, 11:30:46 AM)
153.81
+0.59 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.39%
1 Week-4.11%
2 Weeks-2.97%
1 Month-0.78%
3 Month5.35%
6 Month8.68%
12 Month25.6%
2 Year36.96%
3 Year34.56%
5 Year102.27%
10 Year226.83%
15 Year489.99%
Volatility
ATR(14)2.38
ATR(20)%1.53%
ATR Inc0.07%
Range Today1.34
ADR(20)2.25
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.93
Mansfield0.46
10 Day High161.24
10 Day Low151.39
20 Day High161.24
20 Day Low151.39
52 Week High161.24
52 Week Low115.4
CS1 End140.79
CR1 Start156.72
Volume & EV
DER(3)3.36%
DER(5)1.31%
Volume440.90K
Volume Incr18.99%
Vol(5)1.72M
Vol(50)1.91M