PAYX technical analysis

PAYX Technical Analysis

Analysis date

August 6, 2026

Market

NASDAQ (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

PAYX Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
PAYX
Market
NASDAQ
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series118.27August 5, 2026-Verified
Verification series118.27August 5, 20260.00%Verified

Bottom line

PAYX Technical Analysis Summary

PAYX (Paychex) shows a confirmed bullish trend on the daily chart, with price at 118.27 trading above SMA20 (113.23), SMA50 (104.57), and SMA200 (101.03) in proper order. RSI14 at 64.36 is bullish but below overbought, and MACD stays positive with the line at 4.26 above the signal at 4.18. On the weekly chart, price at 116.84 has recovered above SMA20 (97.27), SMA50 (105.37), and SMA200 (113.81), but the moving-average stack remains in long-term bearish order, keeping the weekly trend classified as mixed. Weekly momentum is strong, with RSI at 68.24 and MACD having crossed above zero with the line at 2.47 versus a signal at -0.90. Price closed above the upper weekly Bollinger Band (115.39), signaling momentum but also some near-term overextension. Key resistance sits at 124.74 (the 20- and 60-day high), with 135.90 (52-week high) as the next zone. Key support is at 102.67 (20-day low) and 86.53 (60-day low).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Bullish. Price at 118.27 is above SMA20 (113.23), SMA50 (104.57), and SMA200 (101.03) in proper bullish order, confirming an uptrend. Price has gained 28.86% over the past 60 sessions and 12.12% over the past 20 sessions, recovering from the 86.53 low.
Momentum
Bullish. RSI14 at 64.36 is above the 50 midline and approaching but not yet in overbought territory. MACD line (4.26) is above the signal line (4.18) with a positive histogram (0.09), confirming upward momentum.
Volatility
Moderate. ATR14 at 3.89 (3.29% of price) reflects normal daily swings. Bollinger Bands (104.17 to 122.29) show price trading in the upper half of the band, consistent with the recent advance.
Volume
Below average. Latest volume of 2,404,600 is 73.9% of the 20-period average (3,254,255), indicating lighter participation in the latest session.

Assessment

The daily chart shows a confirmed uptrend with price above all three moving averages and momentum readings in bullish territory. RSI at 64.36 supports the advance without being overbought, and MACD is positive. The main caveat is below-average volume on the latest session. A breakout above 124.74 (20-day high) would strengthen the bullish case, while a drop below 102.67 (20-day low) would signal a loss of short-term momentum.

Weekly (July 27, 2026 week)

Trend
Mixed. Price at 116.84 is above SMA20 (97.27), SMA50 (105.37), and SMA200 (113.81), but the moving averages remain stacked in bearish order (SMA200 above SMA50 above SMA20), indicating the longer-term downtrend has not fully reversed despite the recovery.
Momentum
Strong. RSI14 at 68.24 is in bullish territory and approaching overbought. MACD is firmly positive: the line at 2.47 has crossed above the signal at -0.90 and above the zero line, with the histogram at 3.37, a notable shift in weekly momentum.
Volatility
Moderate to elevated. ATR14 at 6.93 (5.94% of price) reflects wider weekly ranges. Price closed above the upper Bollinger Band (115.39), signaling strong momentum but also a possible short-term overextension.
Volume
Above average. Weekly volume of 20,532,700 is 118.0% of the 20-week average (17,404,315), indicating participation supports the advance.

Assessment

The weekly chart shows a meaningful recovery, with price back above all three moving averages and momentum turning decisively positive. The weekly MACD crossing above zero is a notable improvement. However, the still-inverted moving-average stack keeps the long-term structure classified as mixed, and the close above the upper Bollinger Band suggests the recent move may be stretched. A sustained weekly close above 124.74 would confirm a more complete trend shift, while a move back below 105.37 (SMA50) would weaken the recovery case.

Key indicators

PAYX Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)64.3668.24
MACD (12, 26, 9)4.26 / 4.18 / 0.092.47 / -0.90 / 3.37
ATR (14)3.89 (3.29%)6.93 (5.94%)
Bollinger Bands (20, 2)104.17 - 122.2979.15 - 115.39
SMA (20)113.2397.27
SMA (50)104.57105.37
SMA (200)101.03113.81

Price structure

PAYX Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price118.27116.84
1-Period Return-0.33%+3.97%
5-Period Return-3.16%+18.17%
20-Period Return+12.12%+29.12%
60-Period Return+28.86%-23.07%
252-Period Return-11.44%+18.50%
52-Week Low83.5083.50
52-Week High135.90135.90
52-Week Position66.35%63.62%

Key levels

PAYX Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High124.74124.74
20-Period Low102.6783.50
60-Period High124.74151.51
60-Period Low86.5383.50

Scenarios

PAYX Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above 124.74 (20- and 60-day high) on above-average volume and holds above SMA20 (113.23) on the daily.

Invalidation

Price falls back below the 20-day low at 102.67.

What to watch

A move toward the 52-week high at 135.90, sustained weekly MACD above zero, and price holding above SMA50 (105.37) on the weekly.

Range-Bound

Trigger

Price continues to oscillate between 102.67 (20-day low) and 124.74 (20-day high).

Invalidation

A decisive break of either boundary with expanding volume.

What to watch

RSI staying between 40 and 60 on the daily and volume remaining below average levels.

Bearish

Trigger

Price breaks below the 20-day low at 102.67, then the 60-day low at 86.53.

Invalidation

Price reclaims and holds above SMA200 (101.03) on the daily.

What to watch

Loss of SMA20 (113.23) support, a bearish MACD crossover on the daily, and a weekly close back below 105.37 (SMA50).

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.