US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

PAYX 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $115.72 and stabilize above resistance $161.23.

Invalidation Trigger

Break above $161.23 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 35.6, MACD -4.828

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $12.72 (12.97%)

Monthly

EMA Structure

Bearish
EMA 8$102.73Bearish
EMA 21$115.72Bearish
EMA 50$118.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.6 · MACD -4.828

Momentum is weak

Strength
Bearish
Volatility
ATR $12.72 · BB 73.88%

High volatility

Strength
Bearish
Volume
MFI 24.6 · OBV -63.80%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.46 - $161.23

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+77.44% · 6.0 ATR above latest close

$173.95
Nearest resistance

+64.47% · 5.0 ATR above · 34-bar high

$161.23
Current price

Price shown is delayed

$98.03
Nearest support

-12.82% · 1.0 ATR below · 34-bar low

$85.46
Deeper support zone

-25.79% · 2.0 ATR below latest close

$72.74
ATR zone

Latest close ± ATR14

$85.31 - $110.75

Indicators

Trend

Dow Theory Structure

Confirmation $161.23, invalidation $85.46

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

Trend strength is active

43.6 / 7.3 / 36.8Bearish
Supertrend (10,3)

Price is above Supertrend

$63.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.33 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

High volatility

$12.72 (12.97%)Bearish
Bollinger Bands (20,2)

Width 73.88%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$139.34 / $91.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$85.31 / $110.75Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.23Range
Support

Nearest Downside Decision Level

$85.46Range

Momentum

RSI (14)

Momentum is weak

35.6Bearish
MACD (12,26,9)

Histogram is negative

-4.828Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.6 / 13.8Bullish
Williams %R (14)

Oversold zone

-83.4Bullish
CCI (20)

Balanced zone

-86.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

24.6Bearish
OBV slope

20-period OBV slope

-63.80%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $161.23, invalidation $85.46

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

Trend strength is active

43.6 / 7.3 / 36.8Bearish
Supertrend (10,3)

Price is above Supertrend

$63.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.33 / $123.35Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

35.6Bearish
MACD (12,26,9)

Histogram is negative

-4.828Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.6 / 13.8Bullish
Williams %R (14)

Oversold zone

-83.4Bullish
CCI (20)

Balanced zone

-86.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$12.72 (12.97%)Bearish
Bollinger Bands (20,2)

Width 73.88%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$139.34 / $91.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$85.31 / $110.75Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

24.6Bearish
OBV slope

20-period OBV slope

-63.80%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.23Range
Support

Nearest Downside Decision Level

$85.46Range

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