US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 hourBullish92%
1h Upside probability 92%Bullish

PAYX 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $119.55 and reclaim $124.51.

Invalidation Trigger

Lose $119.55 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 60.5, MACD 0.039

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6864 (0.55%)

1h

EMA Structure

Bullish
EMA 8$123.74Bullish
EMA 21$123.22Bullish
EMA 50$122.48Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.5 · MACD 0.039

Momentum is strong

Strength
Bullish
Volatility
ATR $0.6864 · BB 2.18%

Low volatility

Strength
Bullish
Volume
MFI 57.5 · OBV 18.31%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$119.55 - $124.51

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.58% · 1.1 ATR above latest close

$125.2
Nearest resistance

+0.03% · 0.1 ATR above · 34-bar high

$124.51
Current price

Price shown is delayed

$124.48
Nearest support

-3.96% · 7.2 ATR below · 34-bar low

$119.55
Deeper support zone

-4.51% · 8.2 ATR below latest close

$118.86
ATR zone

Latest close ± ATR14

$123.79 - $125.16

Indicators

Trend

Dow Theory Structure

Confirmation $124.51, invalidation $123.21

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

Trend strength is active

36.6 / 44.2 / 27.6Bullish
Supertrend (10,3)

Price is above Supertrend

$122.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.7 / $122.22Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

Low volatility

$0.6864 (0.55%)Bullish
Bollinger Bands (20,2)

Width 2.18%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$124.74 / $121.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$123.79 / $125.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$124.51Range
Support

Nearest Downside Decision Level

$119.55Range

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

0.039Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.5 / 69.0Bullish
Williams %R (14)

Overbought zone

-1.5Bearish
CCI (20)

Strong expansion

153.0Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.5Bullish
OBV slope

20-period OBV slope

18.31%Bullish
Volume ratio

Relative to 20-period average volume

2.59xBullish

Trend

Dow Theory Structure

Confirmation $124.51, invalidation $123.21

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

Trend strength is active

36.6 / 44.2 / 27.6Bullish
Supertrend (10,3)

Price is above Supertrend

$122.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.7 / $122.22Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

0.039Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.5 / 69.0Bullish
Williams %R (14)

Overbought zone

-1.5Bearish
CCI (20)

Strong expansion

153.0Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.6864 (0.55%)Bullish
Bollinger Bands (20,2)

Width 2.18%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$124.74 / $121.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$123.79 / $125.16Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.5Bullish
OBV slope

20-period OBV slope

18.31%Bullish
Volume ratio

Relative to 20-period average volume

2.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$124.51Range
Support

Nearest Downside Decision Level

$119.55Range

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