US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 monthBearish61%
Monthly Downside probability 61%Bearish

PAYX 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $116.65 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 StateRange
Momentum mixed

RSI 53.8, MACD -0.803

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.9 (10.36%)

Monthly

EMA Structure

Bearish
EMA 8$110.03Bullish
EMA 21$116.65Bullish
EMA 50$117.14Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.8 · MACD -0.803

Neutral zone

Strength
Range
Volatility
ATR $12.9 · BB 72.97%

High volatility

Strength
Bearish
Volume
MFI 33.4 · OBV -27.61%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.45 - $161.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+39.9% · 3.9 ATR above latest close

$174.14
Nearest resistance

+29.54% · 2.9 ATR above · 34-bar high

$161.24
Current price

Price shown is delayed

$124.48
Nearest support

-31.35% · 3.0 ATR below · 34-bar low

$85.45
Deeper support zone

-41.71% · 4.0 ATR below latest close

$72.55
ATR zone

Latest close ± ATR14

$111.58 - $137.37

Indicators

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

43.2 / 17.3 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$81.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.51 / $123.35Bullish
Donchian Channel (20)

20-period breakout channel position

51%Range

Volatility

ATR (14)

High volatility

$12.9 (10.36%)Bearish
Bollinger Bands (20,2)

Width 72.97%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$142.06 / $90.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$111.58 / $137.37Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is negative

-0.803Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.6 / 40.0Bullish
Williams %R (14)

Neutral zone

-38.4Range
CCI (20)

Balanced zone

-4.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.4Bearish
OBV slope

20-period OBV slope

-27.61%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

43.2 / 17.3 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$81.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.51 / $123.35Bullish
Donchian Channel (20)

20-period breakout channel position

51%Range

Momentum

RSI (14)

Neutral zone

53.8Range
MACD (12,26,9)

Histogram is negative

-0.803Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.6 / 40.0Bullish
Williams %R (14)

Neutral zone

-38.4Range
CCI (20)

Balanced zone

-4.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$12.9 (10.36%)Bearish
Bollinger Bands (20,2)

Width 72.97%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$142.06 / $90.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$111.58 / $137.37Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.4Bearish
OBV slope

20-period OBV slope

-27.61%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

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