US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 hourBullish90%
1h Upside probability 90%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 $111.29 and reclaim $119.29.

Invalidation Trigger

Lose $111.29 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 60.7, MACD -0.192

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6626 (0.56%)

1h

EMA Structure

Bullish
EMA 8$118.02Bullish
EMA 21$117.08Bullish
EMA 50$114.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.7 · MACD -0.192

Momentum is strong

Strength
Range
Volatility
ATR $0.6626 · BB 5.14%

Low volatility

Strength
Bullish
Volume
MFI 56.0 · OBV 4.74%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$111.29 - $119.29

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.62% · 2.9 ATR above latest close

$119.95
Nearest resistance

+1.06% · 1.9 ATR above · 34-bar high

$119.29
Current price

Price shown is delayed

$118.04
Nearest support

-5.72% · 10.2 ATR below · 34-bar low

$111.29
Deeper support zone

-6.28% · 11.2 ATR below latest close

$110.63
ATR zone

Latest close ± ATR14

$117.38 - $118.7

Indicators

Trend

Dow Theory Structure

Confirmation $119.29, invalidation $117.1

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

Trend strength is active

61.3 / 30.3 / 22.3Bullish
Supertrend (10,3)

Price is above Supertrend

$115.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$116.84 / $114.7Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

Low volatility

$0.6626 (0.56%)Bullish
Bollinger Bands (20,2)

Width 5.14%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$118.64 / $115.7Bullish
ATR channel lower / upper

Current Volatility Envelope

$117.38 / $118.7Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.29Range
Support

Nearest Downside Decision Level

$111.29Range

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is negative

-0.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.1 / 44.3Bearish
Williams %R (14)

Neutral zone

-56.9Range
CCI (20)

Balanced zone

31.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

4.74%Bullish
Volume ratio

Relative to 20-period average volume

5.12xBullish

Trend

Dow Theory Structure

Confirmation $119.29, invalidation $117.1

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

Trend strength is active

61.3 / 30.3 / 22.3Bullish
Supertrend (10,3)

Price is above Supertrend

$115.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$116.84 / $114.7Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

60.7Bullish
MACD (12,26,9)

Histogram is negative

-0.192Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.1 / 44.3Bearish
Williams %R (14)

Neutral zone

-56.9Range
CCI (20)

Balanced zone

31.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.6626 (0.56%)Bullish
Bollinger Bands (20,2)

Width 5.14%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$118.64 / $115.7Bullish
ATR channel lower / upper

Current Volatility Envelope

$117.38 / $118.7Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

4.74%Bullish
Volume ratio

Relative to 20-period average volume

5.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.29Range
Support

Nearest Downside Decision Level

$111.29Range

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