US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

4 hoursBearish64%
4h Downside probability 64%Bearish

PAYX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $101.01 and stabilize above resistance $116.97.

Invalidation Trigger

Break above $116.97 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.3, MACD 0.527

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.15 (1.16%)

4h

EMA Structure

Bearish
EMA 8$99.62Bearish
EMA 21$101.01Bearish
EMA 50$105.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.3 · MACD 0.527

Momentum is weak

Strength
Bearish
Volatility
ATR $1.15 · BB 3.27%

Low volatility

Strength
Bullish
Volume
MFI 44.0 · OBV -4.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$98.08 - $116.97

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.3% · 16.6 ATR above latest close

$118.12
Nearest resistance

+18.14% · 15.6 ATR above · 34-bar high

$116.97
Current price

Price shown is delayed

$99.01
Nearest support

-0.94% · 0.8 ATR below · 34-bar low

$98.08
Deeper support zone

-2.1% · 1.8 ATR below latest close

$96.93
ATR zone

Latest close ± ATR14

$97.86 - $100.16

Indicators

Trend

Dow Theory Structure

Confirmation $101.34, invalidation $98.45

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

Trend strength is active

39.6 / 23.9 / 22.6Bullish
Supertrend (10,3)

Price is above Supertrend

$95.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.97 / $108.96Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

Low volatility

$1.15 (1.16%)Bullish
Bollinger Bands (20,2)

Width 3.27%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.01 / $98.69Bullish
ATR channel lower / upper

Current Volatility Envelope

$97.86 / $100.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$116.97Range
Support

Nearest Downside Decision Level

$98.08Range

Momentum

RSI (14)

Momentum is weak

34.3Bearish
MACD (12,26,9)

Histogram is positive

0.527Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 31.9Bearish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-80.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.0Bearish
OBV slope

20-period OBV slope

-4.58%Bearish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Trend

Dow Theory Structure

Confirmation $101.34, invalidation $98.45

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

Trend strength is active

39.6 / 23.9 / 22.6Bullish
Supertrend (10,3)

Price is above Supertrend

$95.73Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.97 / $108.96Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

34.3Bearish
MACD (12,26,9)

Histogram is positive

0.527Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 31.9Bearish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-80.3Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$1.15 (1.16%)Bullish
Bollinger Bands (20,2)

Width 3.27%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.01 / $98.69Bullish
ATR channel lower / upper

Current Volatility Envelope

$97.86 / $100.16Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.0Bearish
OBV slope

20-period OBV slope

-4.58%Bearish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$116.97Range
Support

Nearest Downside Decision Level

$98.08Range

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