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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Paychex, Inc. (NASDAQ:PAYX)
Countertrend Up (+85) - PAYX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Apr 9th, 2024 at 125.26
The intermediate-term trend has been UP since Apr 8th, 2024 at 123.68
The short-term trend has been UP since Apr 22nd, 2024 at 121.49
Smart Scan Analysis for PAYX
Based on our trend formula, PAYX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 120.800 | 122.315 | 120.420 | 121.610 | -0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 121.620 | 943828 | 2024-04-24 13:53:08 |
| 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 | 2,208,221 |
| Shares Outstanding | 359,822 | Short Interest | 20,095,400 |
| % Institutional | 68.4 | Market Cap | 29,196M |
| Assets | 130,239,000M | Liabilities | 927,680,000M |
| P/E Ratio | 26.4967 | Beta | 0.87 |
| Volatility | 21.93 |