The Greedy Trader Weekly Analysis
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Uptrend Exhaustion

Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.

Uptrend Exhaustion

Archive
- 8/14/2026 -
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Paychex Inc. (PAYX) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBearish Dark Cloud Cover Candlestick
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It was a third consecutive positive week for the Paychex Inc. (PAYX). During the week, the PAYX gained 1.98 points, or 1.65%, and closed at 122.02 on Friday, August 14, 2026. Weekly volume was -41% below average.

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 (55.82) 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 125.90 on August 14, 2026. PAYX gained -40.45 points, or -47.34%, in 18 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (101.73) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 July 30, 2026 at 113.69 and reached 125.90 on August 14, 2026. PAYX gained -12.21 points, or -10.74%, in 15 days. The price is now at the 31.78% retracement level.

Daily Technical Indicators: [See PAYX daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range.

The daily MACD line is below its signal line since August 13, 2026. The distance between MACD and the signal line is low and getting smaller.

Candlestick pattern: [See PAYX candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.80
Williams' Percentage Range (W%R) 0.90
Strong Overbought
Lane's Stochastic (%D-Slow) 81.42
Overbought
Greed/Fear Indicator (GFI) 80.77
Overbought
Moving Average Converg./Diverg. (MACD) 3.96
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 85.67
Overbought
Williams' Percentage Range (W%R) 0.40
Strong Overbought
Lane's Stochastic (%D-Slow) 86.18
Overbought
Greed/Fear Indicator (GFI) 82.95
Overbought
Moving Average Converg./Diverg. (MACD) -0.95
Trading Signals
Description Value Chart
Monthly Trendline Resistance 134.45
Upper Bollinger Band 125.32
Daily Stochastic Crossing 124.41
Monthly Trendline Support 123.27
Price 122.02
Weekly Stochastic Crossing 120.79
Parabolic System 118.01
20 Day Moving Average 117.84
Quarterly Trendline Resistance 112.03
Lower Bollinger Band 109.69
50 Day Moving Average 108.83
Quarterly Trendline Support 101.73
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Data Processing & Outsourced Services 94
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 113.69
Low Date 07/30/2026
High 125.90
High Date 08/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 113.69
Low Date 07/30/2026
High 125.90
High Date 08/14/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 134.45
Support 123.27
Low 93.02
Low Date 06/24/2026
High 125.90
High Date 08/14/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 112.03
Support 101.73
Low 85.45
Low Date 04/10/2026
High 125.90
High Date 08/14/2026
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 70.47
Support 55.82
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.