PAYCHEX INC (PAYX) Stock Technical Analysis
NASDAQ:PAYX - Nasdaq - US7043261079 - Common Stock - Currency: USD
Taking everything into account, PAYX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PAYX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PAYX is one of the better performing stocks in the market, outperforming 86% of all 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 80% of 82 stocks in the same industry.
PAYX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PAYX is leading the market.
In the last month PAYX has a been trading in the 140.58 - 158.25 range, which is quite wide. It is currently trading near the high of this range.
PAYX has an average volume of 2213990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although PAYX has an excellent technical rating, it does not offer a high quality setup 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
116.80
159.78
4 important support areas can be observed.
- A support zone ranging from 148.14 to 150.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @127.72 from a trend line in the weekly time frame.
- Support @117.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 156.23 to 158.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.93
Mansfield1.02
10 Day High158.25
10 Day Low149.47
20 Day High158.25
20 Day Low140.58
52 Week High158.37
52 Week Low115.4
Performance
1 Week2.77%
2 Weeks3.92%
1 Month9.08%
3 Month5.19%
6 Month8.14%
12 Month25.75%
2 Year48.88%
3 Year26.16%
5 Year116.13%
10 Year216.17%
15 Year447.37%
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)0.82
RSI(14)64.09
LBB146.8
UBB158.78
156.22
-1.45 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.92%
1 Week2.77%
2 Weeks3.92%
1 Month9.08%
3 Month5.19%
6 Month8.14%
12 Month25.75%
2 Year48.88%
3 Year26.16%
5 Year116.13%
10 Year216.17%
15 Year447.37%
Volatility
ATR(14)2.32
ATR(20)%1.71%
ATR Inc-36.78%
Range Today1.88
ADR(20)2.57
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.93
Mansfield1.02
10 Day High158.25
10 Day Low149.47
20 Day High158.25
20 Day Low140.58
52 Week High158.37
52 Week Low115.4
CS1 End150.54
CR1 Start156.23
Volume & EV
DER(3)-0.37%
DER(5)-1.28%
Volume1.22M
Volume Incr-20.58%
Vol(5)1.45M
Vol(50)2.21M