TTM Squeeze Alert: PAYX Primed for Big Move at $114.19

Paychex Inc (PAYX) closed down 0.34% at $114.19 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Mixed signals with price near the 9-day EMA ($114.24). The 21-day EMA sits at $113.86.
• Momentum: RSI at 54.3 is in neutral territory but trending higher. MACD is bullish (-0.01 vs signal -0.30).
• Volatility: Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.

Key levels to watch: Support at $110.20, Resistance at $116.79.