US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

1 weekBullish60%
Weekly Upside probability 60%Bullish

PAYX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $85.46 and reclaim $117.83.

Invalidation Trigger

Lose $85.46 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 46.4, MACD 2.089

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.53 (5.64%)

Weekly

EMA Structure

Bearish
EMA 8$97.29Bullish
EMA 21$98.46Bearish
EMA 50$108.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.4 · MACD 2.089

Neutral zone

Strength
Range
Volatility
ATR $5.53 · BB 16.65%

High volatility

Strength
Bearish
Volume
MFI 46.7 · OBV 44.37%

Relative to 20-period average volume

Strength
Range
Price Levels
$85.46 - $117.83

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+25.83% · 4.6 ATR above latest close

$123.35
Nearest resistance

+20.19% · 3.6 ATR above · 34-bar high

$117.83
Current price

Price shown is delayed

$98.03
Nearest support

-12.82% · 2.3 ATR below · 34-bar low

$85.46
Deeper support zone

-18.46% · 3.3 ATR below latest close

$79.93
ATR zone

Latest close ± ATR14

$92.5 - $103.56

Indicators

Trend

Dow Theory Structure

Confirmation $102.89, invalidation $87.44

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

34.3 / 14.1 / 13.3Bullish
Supertrend (10,3)

Price is above Supertrend

$82.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.71 / $117.1Bearish
Donchian Channel (20)

20-period breakout channel position

72%Range

Volatility

ATR (14)

High volatility

$5.53 (5.64%)Bearish
Bollinger Bands (20,2)

Width 16.65%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.27 / $88.05Bearish
ATR channel lower / upper

Current Volatility Envelope

$92.5 / $103.56Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.83Range
Support

Nearest Downside Decision Level

$85.46Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

2.089Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.1 / 77.5Bearish
Williams %R (14)

Neutral zone

-27.9Range
CCI (20)

Balanced zone

89.4Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

44.37%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Trend

Dow Theory Structure

Confirmation $102.89, invalidation $87.44

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

34.3 / 14.1 / 13.3Bullish
Supertrend (10,3)

Price is above Supertrend

$82.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.71 / $117.1Bearish
Donchian Channel (20)

20-period breakout channel position

72%Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

2.089Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.1 / 77.5Bearish
Williams %R (14)

Neutral zone

-27.9Range
CCI (20)

Balanced zone

89.4Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

High volatility

$5.53 (5.64%)Bearish
Bollinger Bands (20,2)

Width 16.65%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$108.27 / $88.05Bearish
ATR channel lower / upper

Current Volatility Envelope

$92.5 / $103.56Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

44.37%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.83Range
Support

Nearest Downside Decision Level

$85.46Range

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