(PAYX) Paychex Inc complete technical analysis [charts+indicators] | Buy/Sell Paychex Inc | (PAYX) share price targets
Complete technical analysis of Paychex Inc (PAYX) by charts plus indicators, forecast predictions and share price targets for Paychex Inc (PAYX)
Paychex Inc trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Paychex Inc is 1227610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 122.34 | 122.95 | 124.36 | 122.30 | 2.223 times |
| 01 Fri Mar 2024 | 122.23 | 122.11 | 122.65 | 121.38 | 0.829 times |
| 29 Thu Feb 2024 | 122.62 | 123.14 | 123.14 | 122.16 | 1.592 times |
| 28 Wed Feb 2024 | 122.41 | 122.90 | 123.41 | 122.30 | 0.732 times |
| 27 Tue Feb 2024 | 122.90 | 123.05 | 123.75 | 122.30 | 0.857 times |
| 26 Mon Feb 2024 | 123.37 | 124.62 | 124.83 | 123.28 | 0.971 times |
| 23 Fri Feb 2024 | 124.64 | 125.00 | 125.26 | 124.58 | 0.877 times |
| 22 Thu Feb 2024 | 124.71 | 123.78 | 125.01 | 123.24 | 1.195 times |
| 21 Wed Feb 2024 | 123.43 | 124.71 | 124.85 | 122.77 | 0.897 times |
| 20 Tue Feb 2024 | 124.49 | 123.38 | 124.51 | 123.27 | 1.153 times |
Stock of Paychex Inc (PAYX) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 121.7 or till 120.3. Use a stoploss of 122.75 and if the stock hits stoploss, then it can shoot up till 123.84
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 106.27 |
| Downside Target | 116.77 |
| Upside Target | 123.25 |
| Upside Target | 123.82 |
| Upside Target | 124.36 |
| Upside Target | 124.39 |
| Upside Target | 124.83 |
| Upside Target | 125.26 |
| Upside Target | 129.66 |
Intraday share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Intraday Target | 121.64 |
| Downside Intraday Target | 120.94 |
| Upside Intraday Target | 123.7 |
| Upside Intraday Target | 125.06 |
| Upside Intraday Target | 123 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 122.34 | 122.95 | 124.36 | 122.30 | 0.446 times |
| 01 Fri Mar 2024 | 122.23 | 124.62 | 124.83 | 121.38 | 1.209 times |
| 23 Fri Feb 2024 | 124.64 | 123.38 | 125.26 | 122.77 | 0.594 times |
| 16 Fri Feb 2024 | 123.38 | 122.12 | 123.82 | 120.36 | 1.05 times |
| 09 Fri Feb 2024 | 123.03 | 121.32 | 123.25 | 119.42 | 0.87 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Paychex Inc (PAYX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 122.34 | 122.11 | 124.36 | 121.38 | 0.122 times |
| 29 Thu Feb 2024 | 122.62 | 121.78 | 125.26 | 119.23 | 0.862 times |
| 31 Wed Jan 2024 | 121.73 | 118.84 | 124.39 | 116.77 | 0.755 times |
| 29 Fri Dec 2023 | 119.11 | 121.96 | 129.66 | 118.33 | 1.228 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Paychex Inc (PAYX)
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Paychex Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Paychex Inc in short term but the sell signal is initial and weak.
Paychex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Paychex Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.24 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Paychex Inc (PAYX) stock. Volume based technical analysis of Paychex Inc (PAYX) stock is negative.
Paychex Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Paychex Inc ( (PAYX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Paychex Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Paychex Inc in short term but the sell signal is initial and weak.
Paychex Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Paychex Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.24 and Paychex Inc (PAYX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Paychex Inc (PAYX) stock. Volume based technical analysis of Paychex Inc (PAYX) stock is negative.
Paychex Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.