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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.

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Open High Low PAYX Price Change
71.560 71.865 70.380 71.865 -0.485
Entry Signal

MarketClub’s Trade Triangles for PAYX

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 81.89

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2020 at 71.04

short term down 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).

Smart Scan Analysis for PAYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.560 71.865 70.380 71.865 -0.485
Prev. Close Volume Bid Ask Time
72.560 2463998 2020-07-31 15:59:40
Year High76.02Year High Date2018-10-02
Year Low59.36Year Low Date2018-03-27
52wk High90.53552wk High Date2020-02-20
52wk Low47.872752wk Low Date2020-03-18
Year End Close31.1Average Volume2,480,776
Shares Outstanding358,715Short Interest20,095,400
% Institutional68.4Market Cap29,196M
P/E Ratio23.6Beta0.87
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