Stock Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Paychex, Inc (NASDAQ:PAYX)
Long-Term Downtrend (-90) - PAYX is in a strong downtrend that is likely to continue. While PAYX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Feb 27th, 2020 at 81.89
The intermediate-term trend has been DOWN since Jul 14th, 2020 at 71.04
The short-term trend has been DOWN since Jul 30th, 2020 at 71.78
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||90.535||52wk High Date||2020-02-20|
|52wk Low||47.8727||52wk Low Date||2020-03-18|
|Year End Close||31.1||Average Volume||2,480,776|
|Shares Outstanding||358,715||Short Interest||20,095,400|
|% Institutional||68.4||Market Cap||29,196M|