US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

12 hoursBearish56%
12h Downside probability 56%Bearish

PAYX 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $97.83 and stabilize above resistance $102.89.

Invalidation Trigger

Break above $102.89 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 47.4, MACD -0.616

12h
Volatility EnvironmentRange
Medium volatility

ATR is $2.82 (2.93%)

12h

EMA Structure

Bullish
EMA 8$97.94Bearish
EMA 21$97.83Bearish
EMA 50$96.51Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD -0.616

Neutral zone

Strength
Bearish
Volatility
ATR $2.82 · BB 8.52%

Medium volatility

Strength
Range
Volume
MFI 45.6 · OBV 46.90%

Relative to 20-period average volume

Strength
Range
Price Levels
$87.44 - $102.89

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.68% · 3.3 ATR above latest close

$105.71
Nearest resistance

+6.75% · 2.3 ATR above · 34-bar high

$102.89
Current price

Price shown is delayed

$96.39
Nearest support

-9.28% · 3.2 ATR below · 34-bar low

$87.44
Deeper support zone

-12.21% · 4.2 ATR below latest close

$84.62
ATR zone

Latest close ± ATR14

$93.56 - $99.21

Indicators

Trend

Dow Theory Structure

Confirmation $102.55, invalidation $98.26

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

36.8 / 13.3 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$87.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.38 / $94.18Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Volatility

ATR (14)

Medium volatility

$2.82 (2.93%)Range
Bollinger Bands (20,2)

Width 8.52%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.75 / $92.04Range
ATR channel lower / upper

Current Volatility Envelope

$93.56 / $99.21Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.89Range
Support

Nearest Downside Decision Level

$87.44Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.616Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.6 / 22.1Bullish
Williams %R (14)

Neutral zone

-67.4Range
CCI (20)

Weak expansion

-110.4Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.6Range
OBV slope

20-period OBV slope

46.90%Bullish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Trend

Dow Theory Structure

Confirmation $102.55, invalidation $98.26

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

36.8 / 13.3 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$87.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.38 / $94.18Bearish
Donchian Channel (20)

20-period breakout channel position

31%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.616Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.6 / 22.1Bullish
Williams %R (14)

Neutral zone

-67.4Range
CCI (20)

Weak expansion

-110.4Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$2.82 (2.93%)Range
Bollinger Bands (20,2)

Width 8.52%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.75 / $92.04Range
ATR channel lower / upper

Current Volatility Envelope

$93.56 / $99.21Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.6Range
OBV slope

20-period OBV slope

46.90%Bullish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.89Range
Support

Nearest Downside Decision Level

$87.44Range

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