The Greedy Trader Weekly Analysis
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- 5/29/2026 -
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Paychex Inc. (PAYX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Lane's Stochastic is overboughtLane's Stochastic and MACD bearish divergence
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It was the negative week for the Paychex Inc. (PAYX). During the week, the PAYX gave back -0.02 points, or -0.02%, and closed at 96.98 on Friday, May 29, 2026. Weekly volume was 6% above average.

PAYX is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See PAYX long-term trend chart]
A long-term downtrend had started on June 6, 2025 at 161.24 and reached 85.45 on April 10, 2026. PAYX lost 75.79 points, or 47.00%, in 44 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (74.56) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. PAYX may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See PAYX medium-term trend chart]
A medium-term uptrend had started on April 10, 2026 at 85.45 and reached 98.01 on May 29, 2026. PAYX gained -12.56 points, or -14.70%, in 7 weeks. The price is now at the 8.20% retracement level.

Weekly Technical Indicators: [See PAYX weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See PAYX short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 87.43 and reached 98.01 on May 29, 2026. PAYX gained -10.58 points, or -12.10%, in 16 days. The price is now at the 9.74% retracement level.

Daily Technical Indicators: [See PAYX daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since May 15, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.72
Williams' Percentage Range (W%R) 23.60
Lane's Stochastic (%D-Slow) 80.59
Overbought Bearish
Greed/Fear Indicator (GFI) 71.56
Moving Average Converg./Diverg. (MACD) 0.64 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.32
Williams' Percentage Range (W%R) 66.00
Lane's Stochastic (%D-Slow) 59.40
Greed/Fear Indicator (GFI) 48.02
Moving Average Converg./Diverg. (MACD) -8.22
Trading Signals
Description Value Chart
Upper Bollinger Band 97.92
Price 96.98
Daily Stochastic Crossing 96.50
20 Day Moving Average 93.63
Weekly Stochastic Crossing 93.56
50 Day Moving Average 92.31
Parabolic System 90.32
Lower Bollinger Band 89.88
Yearly Trendline Resistance 87.11
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Data Processing & Outsourced Services 25
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 87.43
Low Date 05/13/2026
High 98.01
High Date 05/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 87.43
Low Date 05/13/2026
High 98.01
High Date 05/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 87.43
Low Date 05/13/2026
High 98.01
High Date 05/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.45
Low Date 04/10/2026
High 98.01
High Date 05/29/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 87.11
Support 74.56
High 161.24
High Date 06/06/2025
Low 85.45
Low Date 04/10/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.