PAYCHEX INC (PAYX)

US7043261079 - Common Stock

120.1  +1.65 (+1.39%)

After market: 120.1 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to PAYX. PAYX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month PAYX has a been trading in the 117.15 - 126.71 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
PAYX has an average volume of 1917790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, PAYX outperforms 52% of them, which is more or less in line with the market.
PAYX is part of the Professional Services industry. There are 81 other stocks in this industry, PAYX did better than 62% of them.
PAYX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAYX is lagging the market slightly.
Weekly and Daily overview Charts
PAYX Weekly chart
PAYX Daily chart
Setup Rating and Analysis

7

PAYX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 119.93, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

105.82

130.08

4 important support areas can be observed.

  • A support zone ranging from 118.64 to 119.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @112.58 from a trend line in the weekly time frame.
  • Support @109.19 from a horizontal line in the weekly time frame.
  • A support zone ranging from 106.89 to 106.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 120.49 to 128.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.69
Mansfield-0.86
10 Day High123.97
10 Day Low117.15
20 Day High126.71
20 Day Low117.15
52 Week High129.7
52 Week Low104.09
Performance
1 Week0.11%
2 Weeks0.49%
1 Month-1.86%
3 Month-1.37%
6 Month8.73%
12 Month11.38%
2 Year-3.01%
3 Year18.75%
5 Year39.99%
10 Year192.14%
15 Year339.28%
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)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)47.47
LBB117.46
UBB122.9
PAYX Daily chart

PAYCHEX INC

NASDAQ:PAYX (5/3/2024, 4:20:02 PM)

After market: 120.1 0 (0%)

120.1

+1.65 (+1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.39%
1 Week0.11%
2 Weeks0.49%
1 Month-1.86%
3 Month-1.37%
6 Month8.73%
12 Month11.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.15
ATR(20)%1.92%
ATR Inc
Range Today1.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High123.97
10 Day Low117.15
20 Day High126.71
20 Day Low117.15
52 Week High129.7
52 Week Low104.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.54M
Volume Incr-27.65%
Vol(5)1.62M
Vol(50)1.92M