US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 monthBearish67%
Monthly Downside probability 67%Bearish

PAYX 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $116.17 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 50.8, MACD -1.140

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.36 (10.37%)

Monthly

EMA Structure

Bearish
EMA 8$108.86Bullish
EMA 21$116.17Bullish
EMA 50$116.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD -1.140

Neutral zone

Strength
Range
Volatility
ATR $12.36 · BB 73.19%

High volatility

Strength
Bearish
Volume
MFI 31.0 · OBV -33.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.45 - $161.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+45.65% · 4.4 ATR above latest close

$173.6
Nearest resistance

+35.28% · 3.4 ATR above · 34-bar high

$161.24
Current price

Price shown is delayed

$119.19
Nearest support

-28.31% · 2.7 ATR below · 34-bar low

$85.45
Deeper support zone

-38.67% · 3.7 ATR below latest close

$73.09
ATR zone

Latest close ± ATR14

$106.83 - $131.55

Indicators

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

43.3 / 17.4 / 33.5Bearish
Supertrend (10,3)

Price is above Supertrend

$81.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.22 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

High volatility

$12.36 (10.37%)Bearish
Bollinger Bands (20,2)

Width 73.19%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$140.04 / $91.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$106.83 / $131.55Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-1.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.3 / 37.2Bullish
Williams %R (14)

Neutral zone

-46.7Range
CCI (20)

Balanced zone

-15.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.0Bearish
OBV slope

20-period OBV slope

-33.56%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $161.24, invalidation $85.45

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

Trend strength is active

43.3 / 17.4 / 33.5Bearish
Supertrend (10,3)

Price is above Supertrend

$81.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.22 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-1.140Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.3 / 37.2Bullish
Williams %R (14)

Neutral zone

-46.7Range
CCI (20)

Balanced zone

-15.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$12.36 (10.37%)Bearish
Bollinger Bands (20,2)

Width 73.19%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$140.04 / $91.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$106.83 / $131.55Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.0Bearish
OBV slope

20-period OBV slope

-33.56%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.24Range
Support

Nearest Downside Decision Level

$85.45Range

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