Apr 8, 2026 at 9:01 PM
•
$89.89
(-1.88%)
Paychex Inc (PAYX) closed down 1.88% at $89.89 on April 8.
Key indicators suggest a bearish bias:
Moving Averages
Price sits below both the 9-day ($91.57) and 21-day ($92.54) EMAs, suggesting short-term weakness.
Momentum
RSI at 40.2 is neutral but weakening. MACD reads -1.21 against its -1.24 signal line (bullish).
Volatility
Volatility has been compressing for 11 sessions (TTM Squeeze active), often a precursor to directional moves.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $89.96.
Traders are watching $89.96 on the downside and $94.30 on the upside.