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Stock Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Paychex, Inc. (NASDAQ:PAYX)

Bear Market Rally (-75) - PAYX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PAYX as it may be in the beginning of a reversal.

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
108.2100 109.8800 107.8402 109.6900 +2.1600
Entry Signal

MarketClub’s Trade Triangles for PAYX

long term down The long-term trend has been DOWN since Oct 7th, 2022 at 111.165

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2023 at 113.700

short term up The short-term trend has been UP since Mar 20th, 2023 at 109.310

Smart Scan Analysis for PAYX

Based on our trend formula, PAYX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PAYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.2100 109.8800 107.8402 109.6900 +2.1600
Prev. Close Volume Bid Ask Time
107.5300 1302530 2023-03-20 15:59:44
Year High76.02Year High Date2018-10-02
Year Low59.36Year Low Date2018-03-27
52wk High141.9252wk High Date2022-04-06
52wk Low105.6652wk Low Date2022-10-13
Year End Close31.1Average Volume1,862,212
Shares Outstanding360,467Short Interest20,095,400
% Institutional68.4Market Cap29,196M
Assets921,430,000MLiabilities600,900,000M
P/E Ratio26.5506Beta0.87
Volatility21.93
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