PAYCHEX INC (PAYX)

US7043261079 - Common Stock

139.54  +1.73 (+1.26%)

After market: 139.54 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, PAYX scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month PAYX has a been trading in the 135.84 - 147.42 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, PAYX did better than 73% of all other 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 71% of 81 stocks in the same industry.
PAYX has an average volume of 1795750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PAYX Weekly chart
PAYX Daily chart
Setup Rating and Analysis

5

Although the technical rating is only medium, PAYX does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

116.80

150.23

We found 4 important support areas.

  • Support @139.53 from a horizontal line in the weekly time frame.
  • Support @135.85 from a horizontal line in the daily time frame.
  • A support zone ranging from 122.85 to 123.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 117.98 to 118.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 140.12 to 142.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 148.58 to 148.74. This zone is formed by a combination of multiple trend lines 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
CRS73.42
Mansfield-0.04
10 Day High143.19
10 Day Low135.84
20 Day High147.42
20 Day Low135.84
52 Week High150.71
52 Week Low114.72
Performance
1 Week-1.02%
2 Weeks-2.32%
1 Month-3.16%
3 Month4.71%
6 Month10.78%
12 Month16.42%
2 Year20.75%
3 Year2.23%
5 Year64.05%
10 Year202.23%
15 Year355.42%
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)-0.61
RSI(14)43.81
LBB136.69
UBB145.48
PAYX Daily chart

PAYCHEX INC

NASDAQ:PAYX (12/20/2024, 8:00:02 PM)

After market: 139.54 0 (0%)

139.54

+1.73 (+1.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.26%
1 Week-1.02%
2 Weeks-2.32%
1 Month-3.16%
3 Month4.71%
6 Month10.78%
12 Month16.42%
2 Year20.75%
3 Year2.23%
5 Year64.05%
10 Year202.23%
15 Year355.42%
Volatility
ATR(14)2.95
ATR(20)%1.85%
ATR Inc112.78%
Range Today3.53
ADR(20)2.5
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.42
Mansfield-0.04
10 Day High143.19
10 Day Low135.84
20 Day High147.42
20 Day Low135.84
52 Week High150.71
52 Week Low114.72
CS1 End139.53
CR1 Start140.12
Volume & EV
DER(3)-2.12%
DER(5)-1.89%
Volume4.93M
Volume Incr148.35%
Vol(5)3.84M
Vol(50)1.80M