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 $104.85 and reclaim $119.29.

Invalidation Trigger

Lose $104.85 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 72.1, MACD 0.274

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.39 (1.18%)

4h

EMA Structure

Bullish
EMA 8$117.19Bullish
EMA 21$114.48Bullish
EMA 50$111Bullish

Signals

CategoryReadStrength
Momentum
RSI 72.1 · MACD 0.274

Momentum is strong

Strength
Bullish
Volatility
ATR $1.39 · BB 11.05%

Low volatility

Strength
Bullish
Volume
MFI 60.4 · OBV 8.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$104.85 - $119.29

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.23% · 1.9 ATR above latest close

$120.68
Nearest resistance

+1.06% · 0.9 ATR above · 34-bar high

$119.29
Current price

Price shown is delayed

$118.04
Nearest support

-11.17% · 9.5 ATR below · 34-bar low

$104.85
Deeper support zone

-12.35% · 10.5 ATR below latest close

$103.46
ATR zone

Latest close ± ATR14

$116.65 - $119.43

Indicators

Trend

Dow Theory Structure

Confirmation $119.29, invalidation $117.1

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

Trend strength is active

47.2 / 46.7 / 9.4Bullish
Supertrend (10,3)

Price is above Supertrend

$113.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.1 / $109.82Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

Low volatility

$1.39 (1.18%)Bullish
Bollinger Bands (20,2)

Width 11.05%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$117.7 / $111.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.65 / $119.43Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.29Range
Support

Nearest Downside Decision Level

$104.85Range

Momentum

RSI (14)

Momentum is strong

72.1Bullish
MACD (12,26,9)

Histogram is positive

0.274Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.4 / 86.5Bearish
Williams %R (14)

Overbought zone

-15.6Bearish
CCI (20)

Balanced zone

96.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

8.03%Bullish
Volume ratio

Relative to 20-period average volume

2.24xBullish

Trend

Dow Theory Structure

Confirmation $119.29, invalidation $117.1

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

Trend strength is active

47.2 / 46.7 / 9.4Bullish
Supertrend (10,3)

Price is above Supertrend

$113.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.1 / $109.82Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

72.1Bullish
MACD (12,26,9)

Histogram is positive

0.274Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.4 / 86.5Bearish
Williams %R (14)

Overbought zone

-15.6Bearish
CCI (20)

Balanced zone

96.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$1.39 (1.18%)Bullish
Bollinger Bands (20,2)

Width 11.05%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$117.7 / $111.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.65 / $119.43Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

8.03%Bullish
Volume ratio

Relative to 20-period average volume

2.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.29Range
Support

Nearest Downside Decision Level

$104.85Range

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