PAYCHEX INC (PAYX)
US7043261079 - Common Stock
Taking everything into account, PAYX scores 9 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that PAYX is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by PAYX over the past year are nicely spread over this period.
PAYX is one of the better performing stocks in the Professional Services industry, it outperforms 75% of 81 stocks in the same industry.
PAYX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAYX is lagging the market slightly.
PAYX has an average volume of 1670760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PAYX has a been trading in the 138.02 - 150.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PAYX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 143.29, a Stop Loss order could be placed below this zone.
More info and screens
106.45
150.23
We found 5 important support areas.
- A support zone ranging from 138.47 to 143.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @126.98 from a horizontal line in the daily time frame.
- A support zone ranging from 121.97 to 122.65. 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.
- Support @107.53 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.02
Mansfield0.15
10 Day High150.71
10 Day Low139.7
20 Day High150.71
20 Day Low138.02
52 Week High150.71
52 Week Low114.72
Performance
1 Week-1.2%
2 Weeks-1.68%
1 Month1.7%
3 Month10.84%
6 Month15.99%
12 Month21.59%
2 Year16.17%
3 Year20.88%
5 Year67.31%
10 Year203.92%
15 Year359.62%
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)-0.58
RSI(14)54.41
LBB137.97
UBB151.11
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 144.91 | 139.69 | 5.22 (3.60%) | 25.00% |
| An entry @144.91. This is a Buy Stop order right above the 10 day moving average. | An exit @139.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.22 points, which is 3.60%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PAYCHEX INC
NASDAQ:PAYX (11/21/2024, 8:00:02 PM)
After market: 144.09 0 (0%)144.09
+2.26 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.59%
1 Week-1.2%
2 Weeks-1.68%
1 Month1.7%
3 Month10.84%
6 Month15.99%
12 Month21.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.61
ATR(20)%1.77%
ATR Inc
Range Today2.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High150.71
10 Day Low139.7
20 Day High150.71
20 Day Low138.02
52 Week High150.71
52 Week Low114.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.09M
Volume Incr-20.11%
Vol(5)1.31M
Vol(50)1.67M