US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 hourRange47%
1h Range probability 94%Range

PAYX 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $98.45 - $101.34 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 42.3, MACD -0.150

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5327 (0.54%)

1h

EMA Structure

Bearish
EMA 8$99.38Bearish
EMA 21$99.66Bearish
EMA 50$100.41Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.3 · MACD -0.150

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5327 · BB 2.71%

Low volatility

Strength
Bullish
Volume
MFI 50.1 · OBV 25.77%

Relative to 20-period average volume

Strength
Range
Price Levels
$98.45 - $101.34

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.89% · 5.4 ATR above latest close

$101.87
Nearest resistance

+2.35% · 4.4 ATR above · 34-bar high

$101.34
Current price

Price shown is delayed

$99.01
Nearest support

-0.57% · 1.1 ATR below · 34-bar low

$98.45
Deeper support zone

-1.1% · 2.1 ATR below latest close

$97.92
ATR zone

Latest close ± ATR14

$98.48 - $99.54

Indicators

Trend

Dow Theory Structure

Confirmation $101.34, invalidation $98.8

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

Trend strength is active

37.0 / 16.4 / 29.5Bearish
Supertrend (10,3)

Price is above Supertrend

$97.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100 / $99.79Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$0.5327 (0.54%)Bullish
Bollinger Bands (20,2)

Width 2.71%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$100.74 / $98.56Bullish
ATR channel lower / upper

Current Volatility Envelope

$98.48 / $99.54Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$101.34Range
Support

Nearest Downside Decision Level

$98.45Range

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.150Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 4.9Bullish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-106.9Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.1Range
OBV slope

20-period OBV slope

25.77%Bullish
Volume ratio

Relative to 20-period average volume

4.03xBullish

Trend

Dow Theory Structure

Confirmation $101.34, invalidation $98.8

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

Trend strength is active

37.0 / 16.4 / 29.5Bearish
Supertrend (10,3)

Price is above Supertrend

$97.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100 / $99.79Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.150Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.4 / 4.9Bullish
Williams %R (14)

Oversold zone

-93.6Bullish
CCI (20)

Weak expansion

-106.9Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$0.5327 (0.54%)Bullish
Bollinger Bands (20,2)

Width 2.71%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$100.74 / $98.56Bullish
ATR channel lower / upper

Current Volatility Envelope

$98.48 / $99.54Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.1Range
OBV slope

20-period OBV slope

25.77%Bullish
Volume ratio

Relative to 20-period average volume

4.03xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$101.34Range
Support

Nearest Downside Decision Level

$98.45Range

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