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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.
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MarketClub’s Trade Triangles for PAYX
The long-term trend has been UP since Dec 1st, 2023 at 123.210
The intermediate-term trend has been UP since Nov 16th, 2023 at 117.945
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).
| 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 High | 76.02 | Year High Date | 2018-10-02 |
| Year Low | 59.36 | Year Low Date | 2018-03-27 |
| 52wk High | 129.7 | 52wk High Date | 2023-07-27 |
| 52wk Low | 104.09 | 52wk Low Date | 2023-05-31 |
| Year End Close | 31.1 | Average Volume | 1,724,144 |
| Shares Outstanding | 361,232 | Short Interest | 20,095,400 |
| % Institutional | 68.4 | Market Cap | 29,196M |
| Assets | 122,000,000M | Liabilities | 861,220,000M |
| P/E Ratio | 28.3061 | Beta | 0.87 |
| Volatility | 21.93 |