Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
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.
MarketClub’s Trade Triangles for PAYX
The long-term trend has been UP since Oct 1st, 2020 at 80.515
The intermediate-term trend has been UP since Feb 5th, 2021 at 91.940
The short-term trend has been UP since Feb 18th, 2021 at 90.240
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).
|Year High||76.02||Year High Date||2018-10-02|
|Year Low||59.36||Year Low Date||2018-03-27|
|52wk High||99.95||52wk High Date||2020-12-23|
|52wk Low||47.8727||52wk Low Date||2020-03-18|
|Year End Close||31.1||Average Volume||1,771,406|
|Shares Outstanding||360,631||Short Interest||20,095,400|
|% Institutional||68.4||Market Cap||29,196M|