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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Paychex, Inc. (NASDAQ:PAYX)

Long-Term Uptrend (+90) - PAYX is in a strong uptrend that is likely to continue. While PAYX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open High Low PAYX Price Change
124.440 125.160 123.840 123.945 -0.885
Entry Signal

MarketClub’s Trade Triangles for PAYX

long term up The long-term trend has been UP since Dec 1st, 2023 at 123.210

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 117.945

short term up The short-term trend has been UP since Nov 29th, 2023 at 119.690

Smart Scan Analysis for PAYX

Based on our trend formula, PAYX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PAYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.440 125.160 123.840 123.945 -0.885
Prev. Close Volume Bid Ask Time
124.020 966105 2023-12-08 15:59:10
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 Volume1,724,144
Shares Outstanding361,232Short Interest20,095,400
% Institutional68.4Market Cap29,196M
P/E Ratio28.3061Beta0.87
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