Trading Signals: PAYX Stock Price Prediction and Forecast

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Tue. Jul. 11, 2023

Trading Signals: PAYX Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Sep. 27, 2023)

(Paychex Inc)
PAYX latest price $118.1300 (1.52%) ($118.1300 - $118.6000) on Tue. Jul. 11, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.36% (three month average)
RSI   61
Latest Price   $118.1300(1.52%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PAYX advances 1.3% a day on average for past five trading days.
Weekly Trend   PAYX advances 1.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support PAYX advance at 0% a week (0% probability)
XLI(63%)    DIA(57%)    SPY(57%)    IVE(54%)    XLF(54%)
Factors Impacting PAYX price   PAYX will decline at least -0.68% in a week (0% probabilities).
VXX(-52%)    VIXM(-42%)    UUP(-9%)    TBT(-7%)    IGOV(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.68% (StdDev 1.36%)
Hourly BBV 1.7 ()
Intraday Trend 0%

5 Day Moving Average   $114.95(2.77%)
10 Day Moving Average   $112.97(4.57%)
20 Day Moving Average   $112.49(5.01%)
To recent high   0%
To recent low   12.5%
Market Cap   $42.385b

Paychex, Inc. engages in the provision of human capital management solutions for payroll, human resource, insurance, and retirement for small and medium sized businesses. Its solutions include payroll services, hiring services, business insurance, time and attendance, employee benefits, finance and payments, human resources services, and startup services. The company was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.

$. PAYX price fluctuates within 2.04% (three month std-dev: 1.36%) daily (68% of days).

Sample size 50 Average positive next day return: 1.52%(46%) Average negative next day return: -1.18%(54%) Sample size 50 Average positive next three day return: 2.12%(46%) Average negative next three day return: -2.26%(54%) Sample size 50 Average positive next weekly return: 2.75%(40%) Average negative next weekly return: -2.19%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230811

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_11_2023	109.98	112.49	112.97	114.95	115.54	117.4	118.13(1.52%)	UT	OpenLong	75	1.4	137	130	137	138	2.26	56%	0.08	43.6	1.36%	1.7	2.5	61	-0.3
2	Jul_10_2023	109.89	112.11	112.2	113.45	114.21	115.01	116.36(2.54%)	UT	OpenLong	75	1.6	90	70	93	79	2.54	54%	0.02	40.6	1.35%	1.4	2.3	54	-0.5
3	Jul_7_2023	109.87	111.86	111.38	112.56	112.72	113.69	113.48(-0.37%)	UD	OpenLong	75	0.6	28	60	32	17	1.58	51%	-0.02	52.5	1.31%	0.8	1	49	-0.3
4	Jul_6_2023	109.89	111.76	111.13	111.71	112.32	113.4	113.9(0.88%)	UT	OpenLong	75	1.5	78	80	98	16	2.08	51%	-0.01	51.9	1.32%	1.7	1.4	49	-0.6
5	Jul_5_2023	109.9	111.64	110.98	111.05	111.16	111.76	112.91(2.06%)	RB	SmallLong	20	1.3	22	40	37	-25	1.91	51%	-0.06	53.5	1.32%	1.4	0.9	49	0.9

6	Jul_3_2023	109.97	111.51	110.87	110.7	110.58	111.24	110.63(-1.12%)	N/A	N/A	0	-0.1	7	40	22	-38	1.13	44%	-0.04	57.9	1.3%	0	-0.7	48	1.2
7	Jun_30_2023	110.01	111.36	111.15	110.74	110.72	110.56	111.88(2.42%)	N/A	N/A	0	0.8	25	-10	40	-21	1.94	41%	-0.02	54.5	1.33%	1.1	0.4	53	1
8	Jun_29_2023	110.03	111.05	111.27	110.03	110.45	109.92	109.24(-1.22%)	DT	OpenShort	-75	-0.5	-44	-20	-37	-63	2.31	47%	-0.05	23.2	1.32%	-1.5	-1.1	43	1
9	Jun_28_2023	110.09	110.98	111.7	110.42	110.23	110.88	110.59(-0.52%)	DT	OpenShort	-75	0.1	-17	40	-12	-33	1.59	47%	-0.07	17.5	1.55%	-0.5	-0.2	48	1.2
10	Jun_27_2023	110.17	110.88	111.95	110.89	110.37	110.99	111.17(0.33%)	N/A	N/A	0	0.1	26	30	35	-1	1.23	47%	-0.05	22.5	1.55%	1.3	0.1	49	1.1

11	Jun_26_2023	110.22	110.74	112.02	111.1	110.81	109.58	110.8(2.24%)	DP	OpenShort	-75	-0.1	-17	-90	-18	-15	1.37	47%	-0.07	23.3	1.55%	0.2	0	54	1
12	Jun_23_2023	110.3	110.62	112.06	111.67	111.14	109.75	108.37(-2.5%)	DT	OpenShort	-75	-1.3	-92	-100	-113	-30	2.7	44%	-0.12	31.1	1.53%	-1.7	-0.9	59	1.1
13	Jun_22_2023	110.43	110.67	112.46	112.66	112.47	112.05	111.15(-1.58%)	N/A	N/A	0	-0.6	-9	-30	-28	48	1.05	43%	-0.06	47.8	1.49%	-1.4	0.2	74	1.4
14	Jun_21_2023	110.5	110.61	112.52	113.15	112.78	112.53	112.94(0.62%)	UD	OpenLong	65	-0.1	8	-30	-15	77	1.13	45%	-0.03	56.1	1.53%	0.2	0.9	69	1.3
15	Jun_20_2023	110.53	110.37	112.4	113.16	112.96	112.89	112.24(-1.24%)	UD	OpenLong	65	-0.4	17	-10	-8	93	1.52	48%	-0.05	59.9	1.53%	-1.4	0.7	63	1.2

16	Jun_16_2023	110.58	110.19	112.23	113.06	113.21	113.03	113.65(0.3%)	UT	OpenLong	75	0.2	41	-10	17	111	1.53	48%	-0.02	65.2	1.53%	0.5	1.4	68	1.6
17	Jun_15_2023	110.6	109.86	111.62	112.52	112.63	113.04	113.31(-0.24%)	UT	HoldLong	50	0.3	21	30	-2	91	1.37	48%	-0.09	60.2	1.54%	0	1.5	66	1.2
18	Jun_13_2023	110.7	109.5	110.83	112.23	112.33	113.39	113.59(0.49%)	UT	OpenLong	75	0.6	64	70	53	98	0.97	48%	-0.06	54.7	1.53%	1.2	1.8	64	1.3
19	Jun_12_2023	110.77	109.21	110.2	111.83	111.8	112.23	113.03(1.19%)	UT	OpenLong	75	0.6	51	30	42	78	0.86	48%	-0.05	59.3	1.53%	2	1.8	58	1.4
20	Jun_9_2023	110.82	108.89	109.7	111.57	111.41	111.28	111.7(0.65%)	UT	HoldLong	50	0.1	12	-10	-2	55	1.55	45%	-0.04	58	1.57%	0.3	1.4	60	1.7

21	Jun_8_2023	110.86	108.62	109.32	111.28	111.51	111.37	110.98(-0.8%)	UD	OpenLong	75	-0.2	19	-0	8	53	1.13	45%	-0.05	54.5	1.58%	-0.7	1.2	57	2
22	Jun_7_2023	110.92	108.48	109.04	110.53	111.28	111.55	111.87(0.29%)	UT	OpenLong	75	0.7	38	40	33	52	1.85	45%	-0.06	47.9	1.58%	1.5	1.9	63	2.2
23	Jun_6_2023	110.99	108.24	108.71	109.16	110.2	111.65	111.55(-0.17%)	UD	OpenLong	75	1.4	58	120	62	46	1.04	45%	0	28.8	1.58%	0.8	2	66	2.4
24	Jun_5_2023	110.99	107.97	108.5	108.3	108.51	111.02	111.75(1.35%)	UT	OpenLong	75	2.3	89	170	101	51	1.84	45%	-0.07	5	1.58%	1.4	2.5	58	2.3
25	Jun_2_2023	111.07	107.75	108.11	107.6	107.39	108.75	110.26(2.84%)	UT	OpenLong	75	2.1	88	80	103	43	1.54	45%		-16.5	1.57%	2	2	59	2.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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