PAYCHEX INC (PAYX) Stock Technical Analysis
NASDAQ:PAYX - Nasdaq - US7043261079 - Common Stock
We assign a technical rating of 9 out of 10 to PAYX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PAYX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PAYX is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by PAYX over the past year are nicely spread over this period.
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.
In the last month PAYX has a been trading in the 135.02 - 149.46 range, which is quite wide. It is currently trading near the high of this range.
PAYX has an average volume of 1986220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAYX is part of the Professional Services industry. There are 82 other stocks in this industry, PAYX did better than 67% of them.
Although PAYX has an excellent technical rating, the quality of the presented setup is not ideal 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
150.23
We found 3 important support areas.
- A support zone ranging from 135.85 to 142.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.96 from a trend line in the weekly time frame.
- Support @117.98 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
CRS71.5
Mansfield0.24
10 Day High149.46
10 Day Low135.02
20 Day High149.46
20 Day Low135.02
52 Week High150.71
52 Week Low114.72
Performance
1 Week3.65%
2 Weeks4.29%
1 Month7.21%
3 Month3.8%
6 Month15.83%
12 Month20.44%
2 Year25.72%
3 Year23.69%
5 Year69.83%
10 Year221.83%
15 Year402.45%
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)0.91
RSI(14)59.91
LBB135.09
UBB147.53
PAYCHEX INC
NASDAQ:PAYX (1/22/2025, 1:59:57 PM)
145.37
-0.29 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.2%
1 Week3.65%
2 Weeks4.29%
1 Month7.21%
3 Month3.8%
6 Month15.83%
12 Month20.44%
2 Year25.72%
3 Year23.69%
5 Year69.83%
10 Year221.83%
15 Year402.45%
Volatility
ATR(14)2.91
ATR(20)%2.05%
ATR Inc-4.32%
Range Today1.74
ADR(20)2.82
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.5
Mansfield0.24
10 Day High149.46
10 Day Low135.02
20 Day High149.46
20 Day Low135.02
52 Week High150.71
52 Week Low114.72
CS1 End142.71
CR1 Start148.58
Volume & EV
DER(3)0.6%
DER(5)1.37%
Volume681.45K
Volume Incr-1.19%
Vol(5)2.28M
Vol(50)1.99M