US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 hourBearish64%
1h Downside probability 64%Bearish

PAYX 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $115.34 and stabilize above resistance $117.56.

Invalidation Trigger

Break above $117.56 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.9, MACD -0.005

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5702 (0.5%)

1h

EMA Structure

Bearish
EMA 8$115.23Bearish
EMA 21$115.34Bearish
EMA 50$115.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.9 · MACD -0.005

Neutral zone

Strength
Bearish
Volatility
ATR $0.5702 · BB 1.55%

Low volatility

Strength
Bullish
Volume
MFI 78.1 · OBV 3.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$113.1 - $117.56

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.56% · 5.2 ATR above latest close

$118.13
Nearest resistance

+2.07% · 4.2 ATR above · 34-bar high

$117.56
Current price

Price shown is delayed

$115.18
Nearest support

-1.81% · 3.6 ATR below · 34-bar low

$113.1
Deeper support zone

-2.3% · 4.6 ATR below latest close

$112.53
ATR zone

Latest close ± ATR14

$114.61 - $115.75

Indicators

Trend

Dow Theory Structure

Confirmation $117.56, invalidation $114.57

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.9 / 35.4 / 27.9Bullish
Supertrend (10,3)

Price is above Supertrend

$113.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.99 / $116.3Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

Low volatility

$0.5702 (0.5%)Bullish
Bollinger Bands (20,2)

Width 1.55%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$116.62 / $114.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$114.61 / $115.75Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.56Range
Support

Nearest Downside Decision Level

$113.1Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-0.005Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.3 / 19.0Bullish
Williams %R (14)

Neutral zone

-79.7Range
CCI (20)

Balanced zone

-31.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.1Bullish
OBV slope

20-period OBV slope

3.23%Bullish
Volume ratio

Relative to 20-period average volume

3.17xBullish

Trend

Dow Theory Structure

Confirmation $117.56, invalidation $114.57

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.9 / 35.4 / 27.9Bullish
Supertrend (10,3)

Price is above Supertrend

$113.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.99 / $116.3Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-0.005Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.3 / 19.0Bullish
Williams %R (14)

Neutral zone

-79.7Range
CCI (20)

Balanced zone

-31.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.5702 (0.5%)Bullish
Bollinger Bands (20,2)

Width 1.55%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$116.62 / $114.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$114.61 / $115.75Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.1Bullish
OBV slope

20-period OBV slope

3.23%Bullish
Volume ratio

Relative to 20-period average volume

3.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.56Range
Support

Nearest Downside Decision Level

$113.1Range

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