US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 hourBullish85%
1h Upside probability 85%Bullish

PAYX 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $106.63 and reclaim $111.83.

Invalidation Trigger

Lose $106.63 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 60.4, MACD 0.114

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8636 (0.77%)

1h

EMA Structure

Bullish
EMA 8$110.79Bullish
EMA 21$110.03Bullish
EMA 50$108.79Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.4 · MACD 0.114

Momentum is strong

Strength
Bullish
Volatility
ATR $0.8636 · BB 3.86%

Low volatility

Strength
Bullish
Volume
MFI 39.4 · OBV 8.19%

Relative to 20-period average volume

Strength
Range
Price Levels
$106.63 - $111.83

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.12% · 1.4 ATR above latest close

$112.69
Nearest resistance

+0.34% · 0.4 ATR above · 34-bar high

$111.83
Current price

Price shown is delayed

$111.45
Nearest support

-4.33% · 5.6 ATR below · 34-bar low

$106.63
Deeper support zone

-5.1% · 6.6 ATR below latest close

$105.76
ATR zone

Latest close ± ATR14

$110.58 - $112.31

Indicators

Trend

Dow Theory Structure

Confirmation $109.28, invalidation $110.42

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

Trend strength is active

31.5 / 37.3 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$109.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$109.99 / $107.78Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Volatility

ATR (14)

Low volatility

$0.8636 (0.77%)Bullish
Bollinger Bands (20,2)

Width 3.86%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$111.55 / $108.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$110.58 / $112.31Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.83Range
Support

Nearest Downside Decision Level

$106.63Range

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is positive

0.114Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.2 / 96.0Bearish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

127.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.4Bearish
OBV slope

20-period OBV slope

8.19%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $109.28, invalidation $110.42

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

Trend strength is active

31.5 / 37.3 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$109.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$109.99 / $107.78Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is positive

0.114Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.2 / 96.0Bearish
Williams %R (14)

Overbought zone

-8.8Bearish
CCI (20)

Strong expansion

127.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.8636 (0.77%)Bullish
Bollinger Bands (20,2)

Width 3.86%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$111.55 / $108.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$110.58 / $112.31Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.4Bearish
OBV slope

20-period OBV slope

8.19%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.83Range
Support

Nearest Downside Decision Level

$106.63Range

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