Paychex Stock Pattern Recognition In Neck Pattern

PAYX
 Stock
  

USD 123.19  2.79  2.21%   

Paychex pattern recognition tool provides the execution environment for running the In Neck Pattern recognition and other technical functions against Paychex. Paychex value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the In Neck Pattern recognition function is designed to identify and follow existing trends. Paychex momentum indicators are usually used to generate trading rules based on assumptions that Paychex trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The In-Neck Pattern describes Paychex trend with bearish continuation signal.
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Paychex Technical Analysis Modules

Most technical analysis of Paychex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Paychex from various momentum indicators to cycle indicators. When you analyze Paychex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Paychex Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Paychex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Paychex based on widely used predictive technical indicators. In general, we focus on analyzing Paychex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Paychex's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Paychex's intrinsic value. In addition to deriving basic predictive indicators for Paychex, we also check how macroeconomic factors affect Paychex price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2020 2021 (projected)
Long Term Debt to Equity0.290.270.26
Interest Coverage55.1143.654.6
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Paychex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Paychex in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
121.21122.98124.75
Details
Intrinsic
Valuation
LowReal ValueHigh
120.36122.13123.90
Details
Naive
Forecast
LowNext ValueHigh
123.28125.05126.82
Details
16 Analysts
Consensus
LowTarget PriceHigh
94.00124.28145.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paychex. Your research has to be compared to or analyzed against Paychex's peers to derive any actionable benefits. When done correctly, Paychex's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Paychex.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paychex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paychex's short interest history, or implied volatility extrapolated from Paychex options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Please check Your Equity Center. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for analysis

When running Paychex price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
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ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
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Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
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Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
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Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.14
Market Capitalization
44.4 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.13
Return On Equity
0.47
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine Paychex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.