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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Paychex, Inc. (NASDAQ:PAYX)

Crossroads (+60) - PAYX is struggling to move into a solid trend. Beware of choppy markets 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
120.71 121.83 120.14 121.47 +1.89
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 down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 120.355

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 120.690

Smart Scan Analysis for PAYX

Based on our trend formula, PAYX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PAYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.71 121.83 120.14 121.47 +1.89
Prev. Close Volume Bid Ask Time
121.53 1027521 2024-03-27 15:58:13
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 Volume1,825,820
Shares Outstanding359,822Short Interest20,095,400
% Institutional68.4Market Cap29,196M
Assets120,521,000MLiabilities852,770,000M
P/E Ratio26.5733Beta0.87
Volatility21.93
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