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.
MarketClub’s Trade Triangles for PAYX
The long-term trend has been DOWN since Oct 7th, 2022 at 111.165
The intermediate-term trend has been DOWN since Jan 25th, 2023 at 113.700
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).
|Year High||76.02||Year High Date||2018-10-02|
|Year Low||59.36||Year Low Date||2018-03-27|
|52wk High||141.92||52wk High Date||2022-04-06|
|52wk Low||105.66||52wk Low Date||2022-10-13|
|Year End Close||31.1||Average Volume||1,862,212|
|Shares Outstanding||360,467||Short Interest||20,095,400|
|% Institutional||68.4||Market Cap||29,196M|