110.54 USD
-1.15 (-1.03%)
110.54 USD
0 (0%)
We assign a technical rating of 0 out of 10 to PAYX. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PAYX is a bad performer in the overall market: 85% of all stocks are doing better.
PAYX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
PAYX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PAYX has an average volume of 3124260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAYX is part of the Professional Services industry. There are 87 other stocks in this industry, PAYX did better than 58% of them.
PAYX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
107.38
141.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 110.46 to 110.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @108.46 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 110.56 to 112.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @116.19 from a trend line in the daily time frame.
- Resistance @140.39 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for PAYX is down. |
| ChartMill Relative Strength | 15.53 | NEGATIVE | PAYX has a low relative strength, it was outperformed by 84.47% 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 | 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) | 36.75 | NEUTRAL | The RSI value for PAYX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests PAYX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.92 | NEUTRAL | The Stochastics value for PAYX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for PAYX suggests some volalility. |
| Average Directional Index/ADX (14) | 46.44 | POSITIVE | The high ADX value value for PAYX suggests a strong 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)
110.54
-1.15 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.03%
1 Week-0.83%
2 Weeks-1.39%
1 Month-5.55%
3 Month-18.38%
6 Month-30.82%
12 Month-22.62%
2 Year-7.2%
3 Year-4.34%
5 Year18.63%
10 Year109%
15 Year257.62%
Volatility
ATR(14)1.98
ATR(20)%2.11%
ATR Inc-40.59%
Range Today1.54
ADR(20)2.29
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.53
3 months CRS13.88
6 months CRS9.72
Mansfield-2.94
10 Day High112.95
10 Day Low108
20 Day High117.03
20 Day Low108
52 Week High161.24
52 Week Low108
CS1 End110.53
CR1 Start110.56
Volume & EV
DER(3)1.16%
DER(5)-0.05%
Volume5.15M
Volume Incr10.12%
Vol(5)3.34M
Vol(50)3.12M
PAYCHEX INC / PAYX FAQ
Can you provide the ChartMill technical rating for PAYCHEX INC?
ChartMill assigns a technical rating of 0 / 10 to PAYX.
What is the trend direction for PAYX stock?
The current trend direction for PAYCHEX INC (PAYX) is Bearish.
What is the RSI signal for PAYCHEX INC (PAYX) stock?
PAYCHEX INC (PAYX) has an RSI value of 36.7532. This indicates that the stock is currently neutral.
What is the short term momentum for PAYCHEX INC (PAYX) stock?
The short term momentum for PAYCHEX INC (PAYX) is negative.
What is the buy/sell signal for PAYCHEX INC (PAYX) stock?
The buy/sell signal for PAYCHEX INC (PAYX) is sell as both the short term and long term trends are negative.