US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 monthBearish77%
Monthly Downside probability 77%Bearish

PAYX 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $116.75 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 below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 48.6, MACD 0.034

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $13.39 (11.57%)

Monthly

EMA Structure

Bearish
EMA 8$111.68Bullish
EMA 21$116.75Bearish
EMA 50$117.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.6 · MACD 0.034

Neutral zone

Strength
Bearish
Volatility
ATR $13.39 · BB 71.84%

High volatility

Strength
Bearish
Volume
MFI 35.6 · OBV -34.31%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.45 - $161.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+50.81% · 4.4 ATR above latest close

$174.63
Nearest resistance

+39.24% · 3.4 ATR above · 34-bar high

$161.24
Current price

Price shown is delayed

$115.8
Nearest support

-26.21% · 2.3 ATR below · 34-bar low

$85.45
Deeper support zone

-37.78% · 3.3 ATR below latest close

$72.06
ATR zone

Latest close ± ATR14

$102.41 - $129.19

Indicators

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

42.3 / 17.8 / 31.2Bearish
Supertrend (10,3)

Price is above Supertrend

$80.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.03 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

High volatility

$13.39 (11.57%)Bearish
Bollinger Bands (20,2)

Width 71.84%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$143.49 / $89.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$102.41 / $129.19Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is positive

0.034Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.2 / 52.9Bearish
Williams %R (14)

Neutral zone

-47.8Range
CCI (20)

Balanced zone

-9.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.6Bearish
OBV slope

20-period OBV slope

-34.31%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

42.3 / 17.8 / 31.2Bearish
Supertrend (10,3)

Price is above Supertrend

$80.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.03 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is positive

0.034Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.2 / 52.9Bearish
Williams %R (14)

Neutral zone

-47.8Range
CCI (20)

Balanced zone

-9.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$13.39 (11.57%)Bearish
Bollinger Bands (20,2)

Width 71.84%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$143.49 / $89.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$102.41 / $129.19Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.6Bearish
OBV slope

20-period OBV slope

-34.31%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

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