US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

PAYX 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $105.47 and stabilize above resistance $126.45.

Invalidation Trigger

Break above $126.45 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 23.8, MACD -0.124

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.48 (2.51%)

12h

EMA Structure

Bearish
EMA 8$100.62Bearish
EMA 21$105.47Bearish
EMA 50$111.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 23.8 · MACD -0.124

Momentum is weak

Strength
Bearish
Volatility
ATR $2.48 · BB 28.00%

Medium volatility

Strength
Range
Volume
MFI 23.7 · OBV -35.72%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$98.08 - $126.45

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+30.22% · 12.0 ATR above latest close

$128.93
Nearest resistance

+27.71% · 11.0 ATR above · 34-bar high

$126.45
Current price

Price shown is delayed

$99.01
Nearest support

-0.94% · 0.4 ATR below · 34-bar low

$98.08
Deeper support zone

-3.45% · 1.4 ATR below latest close

$95.6
ATR zone

Latest close ± ATR14

$96.53 - $101.49

Indicators

Trend

Dow Theory Structure

Confirmation $98.08, invalidation $116.97

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

86.0 / 6.4 / 59.7Bearish
Supertrend (10,3)

Price is above Supertrend

$95.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$104.52 / $113.02Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Medium volatility

$2.48 (2.51%)Range
Bollinger Bands (20,2)

Width 28.00%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$108.11 / $102.13Range
ATR channel lower / upper

Current Volatility Envelope

$96.53 / $101.49Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$126.45Range
Support

Nearest Downside Decision Level

$98.08Range

Momentum

RSI (14)

Momentum is weak

23.8Bearish
MACD (12,26,9)

Histogram is negative

-0.124Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.9 / 11.7Bearish
Williams %R (14)

Oversold zone

-95.1Bullish
CCI (20)

Balanced zone

-65.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.7Bearish
OBV slope

20-period OBV slope

-35.72%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $98.08, invalidation $116.97

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

86.0 / 6.4 / 59.7Bearish
Supertrend (10,3)

Price is above Supertrend

$95.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$104.52 / $113.02Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

23.8Bearish
MACD (12,26,9)

Histogram is negative

-0.124Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.9 / 11.7Bearish
Williams %R (14)

Oversold zone

-95.1Bullish
CCI (20)

Balanced zone

-65.4Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$2.48 (2.51%)Range
Bollinger Bands (20,2)

Width 28.00%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$108.11 / $102.13Range
ATR channel lower / upper

Current Volatility Envelope

$96.53 / $101.49Range

Volume / Money Flow

MFI (14)

Money flow is weak

23.7Bearish
OBV slope

20-period OBV slope

-35.72%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$126.45Range
Support

Nearest Downside Decision Level

$98.08Range

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