US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

PAYX 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $98.69 and reclaim $111.64.

Invalidation Trigger

Lose $98.69 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 60.2, MACD -0.051

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.53 (1.4%)

4h

EMA Structure

Bullish
EMA 8$109.06Bullish
EMA 21$107.73Bullish
EMA 50$105.04Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.2 · MACD -0.051

Momentum is strong

Strength
Bullish
Volatility
ATR $1.53 · BB 5.88%

Low volatility

Strength
Bullish
Volume
MFI 76.4 · OBV 40.81%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$98.69 - $111.64

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.33% · 2.4 ATR above latest close

$113.17
Nearest resistance

+1.94% · 1.4 ATR above · 34-bar high

$111.64
Current price

Price shown is delayed

$109.52
Nearest support

-9.89% · 7.1 ATR below · 34-bar low

$98.69
Deeper support zone

-11.29% · 8.1 ATR below latest close

$97.16
ATR zone

Latest close ± ATR14

$107.99 - $111.05

Indicators

Trend

Dow Theory Structure

Confirmation $111.64, invalidation $107.01

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

Trend strength is moderate

10.2 / 27.7 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$104.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$108.41 / $102.12Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

Low volatility

$1.53 (1.4%)Bullish
Bollinger Bands (20,2)

Width 5.88%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$110.92 / $104.75Bullish
ATR channel lower / upper

Current Volatility Envelope

$107.99 / $111.05Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.64Range
Support

Nearest Downside Decision Level

$98.69Range

Momentum

RSI (14)

Momentum is strong

60.2Bullish
MACD (12,26,9)

Histogram is negative

-0.051Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.2 / 72.9Bullish
Williams %R (14)

Neutral zone

-26.8Range
CCI (20)

Balanced zone

81.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

76.4Bullish
OBV slope

20-period OBV slope

40.81%Bullish
Volume ratio

Relative to 20-period average volume

1.84xBullish

Trend

Dow Theory Structure

Confirmation $111.64, invalidation $107.01

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

Trend strength is moderate

10.2 / 27.7 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$104.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$108.41 / $102.12Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

60.2Bullish
MACD (12,26,9)

Histogram is negative

-0.051Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.2 / 72.9Bullish
Williams %R (14)

Neutral zone

-26.8Range
CCI (20)

Balanced zone

81.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$1.53 (1.4%)Bullish
Bollinger Bands (20,2)

Width 5.88%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$110.92 / $104.75Bullish
ATR channel lower / upper

Current Volatility Envelope

$107.99 / $111.05Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

76.4Bullish
OBV slope

20-period OBV slope

40.81%Bullish
Volume ratio

Relative to 20-period average volume

1.84xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.64Range
Support

Nearest Downside Decision Level

$98.69Range

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