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Archive
- 4/17/2025 -
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Paychex Inc. (PAYX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Paychex Inc. (PAYX). During the week, the PAYX dropped -1.90 points, or -1.29%, and closed at 144.90 on Thursday, April 17, 2025. Weekly volume was -12% below average.
PAYX is a member of Information Technology Sector. Information Technology is the most oversold 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 uptrend had started on March 3, 2009 at 20.31 and reached 158.40 on March 10, 2025. PAYX gained -138.09 points, or -679.91%, in 835 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (60.39) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 May 31, 2023 at 104.09 and reached 158.40 on March 10, 2025. PAYX gained -54.31 points, or -52.18%, in 92 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (124.86) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.
 Weekly Technical Indicators: [See PAYX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 7, 2025. Use the following link to access a MACD help.
 Short-term trend: [See PAYX short-term trend chart]
A short-term downtrend had started on April 3, 2025 at 155.60 and reached 135.00 on April 9, 2025. PAYX lost 20.60 points, or 13.24%, in 6 days. The price is now at the 48.06% retracement level.
Daily Technical Indicators: [See PAYX daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 4, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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