US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

3 monthsRange52%
3M Range probability 96%Range

PAYX 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $70.4 - $161.23 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateRange
Momentum mixed

RSI 48.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $19.64 (20.03%)

3M

EMA Structure

Range
EMA 8$115.29Bearish
EMA 21$114.7Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 48.4 · MACD --

Neutral zone

Strength
Range
Volatility
ATR $19.64 · BB 49.83%

High volatility

Strength
Bearish
Volume
MFI 29.4 · OBV -110.07%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$70.4 - $161.23

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+84.5% · 4.2 ATR above latest close

$180.87
Nearest resistance

+64.47% · 3.2 ATR above · 24-bar high

$161.23
Current price

Price shown is delayed

$98.03
Nearest support

-28.19% · 1.4 ATR below · 24-bar low

$70.4
Deeper support zone

-48.22% · 2.4 ATR below latest close

$50.76
ATR zone

Latest close ± ATR14

$78.39 - $117.67

Indicators

Trend

Dow Theory Structure

Confirmation $161.23, invalidation $114.96

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$31.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

High volatility

$19.64 (20.03%)Bearish
Bollinger Bands (20,2)

Width 49.83%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$156.22 / $73.31Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.39 / $117.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.23Range
Support

Nearest Downside Decision Level

$70.4Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

16.6 / 12.6Bullish
Williams %R (14)

Oversold zone

-83.4Bullish
CCI (20)

Weak expansion

-174.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.4Bearish
OBV slope

20-period OBV slope

-110.07%Bearish
Volume ratio

Relative to 20-period average volume

1.70xBullish

Trend

Dow Theory Structure

Confirmation $161.23, invalidation $114.96

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$31.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

16.6 / 12.6Bullish
Williams %R (14)

Oversold zone

-83.4Bullish
CCI (20)

Weak expansion

-174.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$19.64 (20.03%)Bearish
Bollinger Bands (20,2)

Width 49.83%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$156.22 / $73.31Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.39 / $117.67Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.4Bearish
OBV slope

20-period OBV slope

-110.07%Bearish
Volume ratio

Relative to 20-period average volume

1.70xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.23Range
Support

Nearest Downside Decision Level

$70.4Range

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