US stock / ETF

Paychex, Inc.

PAYX · NASDAQ · USD

4 hoursBearish76%
4h Downside probability 76%Bearish

PAYX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $98.28 and stabilize above resistance $102.89.

Invalidation Trigger

Break above $102.89 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.8, MACD -0.472

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.05 (2.12%)

4h

EMA Structure

Range
EMA 8$97.35Bearish
EMA 21$98.28Bearish
EMA 50$97.64Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.8 · MACD -0.472

Momentum is weak

Strength
Bearish
Volatility
ATR $2.05 · BB 7.35%

Low volatility

Strength
Range
Volume
MFI 26.5 · OBV -235.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$93.4 - $102.89

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.87% · 4.2 ATR above latest close

$104.94
Nearest resistance

+6.75% · 3.2 ATR above · 34-bar high

$102.89
Current price

Price shown is delayed

$96.39
Nearest support

-3.1% · 1.5 ATR below · 34-bar low

$93.4
Deeper support zone

-5.22% · 2.5 ATR below latest close

$91.35
ATR zone

Latest close ± ATR14

$94.34 - $98.43

Indicators

Trend

Dow Theory Structure

Confirmation $95.83, invalidation $98.74

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.8 / 14.5 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$89.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.41 / $96.79Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Volatility

ATR (14)

Low volatility

$2.05 (2.12%)Range
Bollinger Bands (20,2)

Width 7.35%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.49 / $94.03Range
ATR channel lower / upper

Current Volatility Envelope

$94.34 / $98.43Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.89Range
Support

Nearest Downside Decision Level

$93.4Range

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-0.472Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.6 / 30.9Bullish
Williams %R (14)

Neutral zone

-67.4Range
CCI (20)

Weak expansion

-125.7Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.5Bearish
OBV slope

20-period OBV slope

-235.42%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Trend

Dow Theory Structure

Confirmation $95.83, invalidation $98.74

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.8 / 14.5 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$89.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.41 / $96.79Bearish
Donchian Channel (20)

20-period breakout channel position

33%Bearish

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-0.472Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.6 / 30.9Bullish
Williams %R (14)

Neutral zone

-67.4Range
CCI (20)

Weak expansion

-125.7Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$2.05 (2.12%)Range
Bollinger Bands (20,2)

Width 7.35%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.49 / $94.03Range
ATR channel lower / upper

Current Volatility Envelope

$94.34 / $98.43Range

Volume / Money Flow

MFI (14)

Money flow is weak

26.5Bearish
OBV slope

20-period OBV slope

-235.42%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.89Range
Support

Nearest Downside Decision Level

$93.4Range

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