(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 2024-03-20 View latest technical analysis
10 day averaged volume of Paychex Inc is 1949220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 123.00 | 121.53 | 123.54 | 120.96 | 0.77 times |
| 19 Tue Mar 2024 | 121.04 | 120.44 | 121.16 | 120.02 | 0.57 times |
| 18 Mon Mar 2024 | 120.54 | 121.08 | 121.60 | 120.48 | 0.623 times |
| 15 Fri Mar 2024 | 120.28 | 121.33 | 121.90 | 119.79 | 2.997 times |
| 14 Thu Mar 2024 | 121.57 | 122.21 | 122.52 | 120.92 | 0.859 times |
| 13 Wed Mar 2024 | 122.13 | 122.65 | 123.34 | 121.96 | 0.84 times |
| 12 Tue Mar 2024 | 122.65 | 121.16 | 122.94 | 120.98 | 0.796 times |
| 11 Mon Mar 2024 | 121.64 | 121.24 | 121.78 | 119.84 | 0.657 times |
| 08 Fri Mar 2024 | 120.82 | 120.84 | 121.89 | 120.25 | 0.69 times |
| 07 Thu Mar 2024 | 121.13 | 121.53 | 122.06 | 120.13 | 1.045 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 123.3 as stoploss in an intra day sell trade for a target of 122.05. However, stock will show a bullish move above 123.3.
Share price targets for Paychex Inc (PAYX)
| Target Type | Value |
| Downside Target | 106.27 |
| Downside Target | 116.77 |
| Upside Target | 123.34 |
| Upside Target | 123.54 |
| 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 | 120.83 |
| Downside Intraday Target | 118.67 |
| Upside Intraday Target | 124.35 |
| Upside Intraday Target | 125.71 |
| Downside Intraday Target | 122.19 |
Weekly technical analysis of Paychex Inc (PAYX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 123.00 | 121.08 | 123.54 | 120.02 | 0.319 times |
| 15 Fri Mar 2024 | 120.28 | 121.24 | 123.34 | 119.79 | 1.248 times |
| 08 Fri Mar 2024 | 120.82 | 122.95 | 124.36 | 119.61 | 1.57 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 |
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 |
| 20 Wed Mar 2024 | 123.00 | 122.11 | 124.36 | 119.61 | 0.858 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 up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 BUY signal for Paychex Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 121.23 and Paychex Inc (PAYX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Paychex Inc ( (PAYX) ) based on a short to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 BUY signal for Paychex Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Paychex Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Paychex Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 121.23 and Paychex Inc (PAYX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.