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 $118.5 and reclaim $125.9.

Invalidation Trigger

Lose $118.5 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 58.7, MACD 0.178

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.56 (1.25%)

4h

EMA Structure

Bullish
EMA 8$123.29Bullish
EMA 21$122.35Bullish
EMA 50$120.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.7 · MACD 0.178

Momentum is strong

Strength
Bullish
Volatility
ATR $1.56 · BB 5.98%

Low volatility

Strength
Bullish
Volume
MFI 65.3 · OBV -4.12%

Relative to 20-period average volume

Strength
Range
Price Levels
$118.5 - $125.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.4% · 1.9 ATR above latest close

$127.46
Nearest resistance

+1.14% · 0.9 ATR above · 34-bar high

$125.9
Current price

Price shown is delayed

$124.48
Nearest support

-4.8% · 3.8 ATR below · 34-bar low

$118.5
Deeper support zone

-6.05% · 4.8 ATR below latest close

$116.94
ATR zone

Latest close ± ATR14

$122.92 - $126.03

Indicators

Trend

Dow Theory Structure

Confirmation $123.82, invalidation $121.95

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

Trend strength is active

22.7 / 53.8 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$119.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.72 / $120.45Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

Low volatility

$1.56 (1.25%)Bullish
Bollinger Bands (20,2)

Width 5.98%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$125.61 / $119.21Bullish
ATR channel lower / upper

Current Volatility Envelope

$122.92 / $126.03Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$125.9Range
Support

Nearest Downside Decision Level

$118.5Range

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is positive

0.178Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.4 / 93.5Bullish
Williams %R (14)

Overbought zone

-0.6Bearish
CCI (20)

Strong expansion

107.3Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.3Bullish
OBV slope

20-period OBV slope

-4.12%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $123.82, invalidation $121.95

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

Trend strength is active

22.7 / 53.8 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$119.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.72 / $120.45Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

58.7Bullish
MACD (12,26,9)

Histogram is positive

0.178Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.4 / 93.5Bullish
Williams %R (14)

Overbought zone

-0.6Bearish
CCI (20)

Strong expansion

107.3Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.56 (1.25%)Bullish
Bollinger Bands (20,2)

Width 5.98%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$125.61 / $119.21Bullish
ATR channel lower / upper

Current Volatility Envelope

$122.92 / $126.03Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.3Bullish
OBV slope

20-period OBV slope

-4.12%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$125.9Range
Support

Nearest Downside Decision Level

$118.5Range

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