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Archive
- 3/21/2025 -
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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 -2.40 points, or -1.65%, and closed at 143.00 on Friday, March 21, 2025. Weekly volume was 24% above 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 (60.20) 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 (124.00) 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. The distance between MACD and the signal line is low, but getting bigger. 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 January 6, 2025 at 135.00 and reached 158.40 on March 10, 2025. PAYX gained -23.40 points, or -17.33%, in 63 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (152.87) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. PAYX may retest the broken support line. It is considered to be a resistance 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 support in a short-term trend.
 Daily Technical Indicators: [See PAYX daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since March 10, 2025. The distance between MACD and the signal line is relatively high, but getting smaller.
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