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Stock Trend Analysis Report

Prepared for you on Sunday, April 28, 2024.

Paychex, Inc. (NASDAQ:PAYX)

Sidelines Mode (+55) - PAYX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PAYX?

MarketClub looks at technical strength and momentum to determine if the timing is right for PAYX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PAYX
Open High Low PAYX Price Change
121.230 122.190 119.845 119.985 -1.985
Entry Signal

MarketClub’s Trade Triangles for PAYX

long term up The long-term trend has been UP since Apr 9th, 2024 at 125.26

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 123.68

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 120.42

Smart Scan Analysis for PAYX

Based on our trend formula, PAYX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PAYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.230 122.190 119.845 119.985 -1.985
Prev. Close Volume Bid Ask Time
119.970 1947392 2024-04-26 15:59:18
Year High76.02Year High Date2018-10-02
Year Low59.36Year Low Date2018-03-27
52wk High129.752wk High Date2023-07-27
52wk Low104.0952wk Low Date2023-05-31
Year End Close31.1Average Volume2,212,613
Shares Outstanding359,822Short Interest20,095,400
% Institutional68.4Market Cap29,196M
Assets130,239,000MLiabilities927,680,000M
P/E Ratio26.573Beta0.87
Volatility21.93
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