US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 monthBearish55%
Monthly Downside probability 55%Bearish

PAYX 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $115.44 and stabilize above resistance $161.24.

Invalidation Trigger

Break above $161.24 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 50.4, MACD 0.030

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $15.39 (13.04%)

Monthly

EMA Structure

Bearish
EMA 8$110.1Bullish
EMA 21$115.44Bullish
EMA 50$116.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.4 · MACD 0.030

Neutral zone

Strength
Bullish
Volatility
ATR $15.39 · BB 71.60%

High volatility

Strength
Bearish
Volume
MFI 39.3 · OBV -41.06%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.45 - $161.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+49.64% · 3.8 ATR above latest close

$176.63
Nearest resistance

+36.6% · 2.8 ATR above · 34-bar high

$161.24
Current price

Price shown is delayed

$118.04
Nearest support

-27.61% · 2.1 ATR below · 34-bar low

$85.45
Deeper support zone

-40.65% · 3.1 ATR below latest close

$70.06
ATR zone

Latest close ± ATR14

$102.65 - $133.43

Indicators

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

43.6 / 15.5 / 32.3Bearish
Supertrend (10,3)

Price is above Supertrend

$59.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.03 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Volatility

ATR (14)

High volatility

$15.39 (13.04%)Bearish
Bollinger Bands (20,2)

Width 71.60%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$147.89 / $82.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$102.65 / $133.43Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is positive

0.030Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.8 / 49.4Bullish
Williams %R (14)

Neutral zone

-39.2Range
CCI (20)

Balanced zone

-28.7Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.3Bearish
OBV slope

20-period OBV slope

-41.06%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

43.6 / 15.5 / 32.3Bearish
Supertrend (10,3)

Price is above Supertrend

$59.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.03 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is positive

0.030Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

60.8 / 49.4Bullish
Williams %R (14)

Neutral zone

-39.2Range
CCI (20)

Balanced zone

-28.7Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$15.39 (13.04%)Bearish
Bollinger Bands (20,2)

Width 71.60%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$147.89 / $82.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$102.65 / $133.43Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.3Bearish
OBV slope

20-period OBV slope

-41.06%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

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