Stand aside — setup invalidated
Setup score 68, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
PAYX · Paychex, Inc.
$115.70 -1.98% Oct 26 close
2 independent risk warnings also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$PAYX
Paychex, Inc.Paychex, Inc. is a large-cap Data Processing Services company in the Technology Services sector with a market cap of $41B.
⚠ Risk Signals
Bearish RSI Divergence
Price higher high ($125.40→$127.34) but RSI lower high (72→67) — momentum diverging
Bearish MACD Divergence
Price higher high ($125.40→$127.34) but MACD lower high (4.07→3.45) — momentum diverging
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure: downtrend
Latest event: bos
(bearish)
Support
108.91–109.75
· 5 touches · strong
Support
94.55–95.40
· 4 touches · moderate
Resistance
117.03–117.83
· 3 touches · moderate
Support
113.68–114.51
· 3 touches · moderate
Historical verdict · setup score 68/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 68, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 48
- Minervini 2. Quarterly EPS growth ≥ 25% — -22.8% QoQ
- O'Neil C: Quarterly EPS acceleration ≥ 25% — -22.8% QoQ
- O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 48
- Weinstein Volume expansion above average — Volume ratio 0.87x
- Weinstein Relative strength ≥ 60 — RS 48
Minority view — the council disagrees here
- Minervini: watch Trend-template read: 7/10 pass; wait for the soft misses to improve.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
55
Neutral
Legend Score · rates the stock
Neutral (55/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 48
- Trend Template (25%) 75
- Institutional Footprint (20%) 70
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 39
RS rank 48: middle of the pack — no leadership yet. Trend template 6/8: passes the uptrend screen, structure intact. Institutional score 70: mild accumulation. EPS -0% last quarter — no earnings momentum. Quality 39: weak fundamentals (sales growth 30, return on equity 42, leverage 60). Updated 2026-10-27.
Earnings
Normal technical setup
Next earnings
Wednesday, September 23, 2026
Report time not confirmed by the source
Deterministic evidence
PAYX-1.98%
Sector proxy · XLK+1.69%
Broad market · SPY+0.71%
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close-1.98%
From the open-0.98%
Range position39%
GapNo gap
QQQ confirmationDiverging (+1.11%)
SMH confirmationDiverging (+2.74%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- QQQ, SMH moved against the stock — no index confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$85.45
Tight Wks
0
Base
B1
SMA 200
$103.46
RS Line vs High
-17.8%
RS Line Slope
+16.3% ▲
Group Rank
#43/66
ADR%
2.1%
ATR(14)
$2.74 (2.4%)
Vol Pace (live)
N/A
A/D Days
13A / 10D
A/D Rating
A
VDU Bars
0/10 d
Earnings
past
PAYX Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$PAYX · $115.70 · as of 2026-10-26 · multi-factor read
81
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▬ Sideways / consolidating
Monthly
▬ Sideways / consolidating
Moving Averages
50-day$113.70 ↑
100-day$111.26 ↑
200-day$103.46 ↑
Bullish (50 > 200)
RSI (14)
Reading61.1 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateBullish
Histogram+1.859
Bullish — MACD above its signal line and above zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width83% · 24.6%
Near the upper band — buyers in control.
Volume · Buyer vs Seller
Up/Down vol2.2 · Accumulation
Rel volume0.87×
Pocket pivots · 10d2
5d vs 50d vol92%
Heavy vol up / down1 / 0
Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.
- Pocket pivot 2 sessions ago — up-day volume beat every down day of the prior 10 sessions.
- 1 heavy-volume up day vs 0 down in the last 20 sessions.
Support & Resistance
R · $117.72swing level
R · $125.32swing level
R · $127.9852-week high
Price · $115.70now
S · $114.51swing level
S · $109.38swing level
S · $97.63swing level
Fibonacci · Uptrend swing
23.6%$118.41
38.2%$112.49
50.0%$107.71
61.8%$102.92
78.6%$96.11
Retracement support zones measured from the recent swing low up to the high.
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Above 200-day MA50/200 bullishVolume accumulation
Want this read in a legend's voice?
Ask a Legend about PAYX
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (68/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
C
Trend-template read: 7/10 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $115.70, MA150 $105.10, MA200 $103.46
1.2 150-day MA > 200-day MAMA150 $105.10 vs MA200 $103.46
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 48
2. Quarterly EPS growth ≥ 25%-22.8% QoQ
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
A: Annual earnings & revenue qualityRev +16.9% | ROE 45.1%
N: Near 52-week high or RS line new high9.6% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-22.8% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 48
Weinstein
Watch
C
Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $115.70 vs MA200 $103.46
Failing evidence
Volume expansion above averageVolume ratio 0.87x
Relative strength ≥ 60RS 48
dennis
Watch
C
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $98.00
Volatility-unit sizing (1N ≈ 1% of equity)1N = $2.91 (2.52% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
D
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $133.06-$138.84; trail the rest
Trail on the 10/20-day MA10-day MA $112.55 · 20-day MA $106.92 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlyTrend Only is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
zweig
Watch
D
Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 23.7x — no PEG or forward P/E stored
Breadth momentum: 10-day A/D ratio10-day A/D 1.18 (2050 adv / 1742 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)-22.8% QoQ — Zweig wants growth above the S&P average
Insider buyingNo insider buying flagged
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$115.70
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 48
Volume vs average0.87x
Darvas
Watch
B
Box-theory read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$115.70
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 48
Volume vs average0.87x
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$115.70
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 48
Volume vs average0.87x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +13
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B
4/7 criteria
Separate score from the Minervini Trend Template (6/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
-23%
Revenue growth ≥20% YoY
+17%
Gross margin ≥30%
87%
ROE ≥17%
45%
RS rating ≥80 (leadership)
48
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-9.6%
Method Playbook
Trade it like Minervini
EXACT LEVELS · PRO
Minervini C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis (historical)
68
setup score
RS Score
48
Trend template
6/8
Why This Setup?
Trend Only · schematic
Gatekeeper 6/8 | Moderate trend (6/8) | Accumulation (2.2× up/dn vol) | Stage 2
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
1/7
universals met
- A relative-strength leader — not met RS rank 11 — laggard
- Clear of earnings — not met in -34 days — event risk
- Risk is defined — not met No stop — undefined risk
- Asymmetric reward — partly met No target set
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 0.9× average — light
- In a confirmed uptrend — met Stage 2 · Trend template 6/8
Minervini Trend Template
6/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$115.70 vs SMA150 $105.10 / SMA200 $103.46
SMA 150 above SMA 200
SMA150 $105.10 vs SMA200 $103.46
SMA 200 trending up
Slope -0.65 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $113.70
Price above SMA 50
$115.70 vs SMA50 $113.70
30%+ above 52-week low
+35.4% from $85.45
Within 25% of 52-week high
-9.6% from $127.98
RS score above 70
RS 48
Fundamentals
52W Range
71%
Mkt Cap SEC
41.2B
EPS QoQ
-23%
Rev YoY
+17%
ROE
45%
Gross Margin
87%
D/E
1.22
EPS TTM
$4.89
P/E TTM
23.7x
Float
356M
Insider
No Buy
Company
Company profile
Paychex, Inc.
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
6/8
W. RS
63
W. Support
$87.43
W. Resist
$127.98
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
Oct 27
Trend Only
✓ Gate
68
Oct 26
Trend Only
✓ Gate
72
0.0%
Oct 23
Trend Only
✓ Gate
72
-2.0%
Oct 23
Trend Only
✓ Gate
72
-2.0%
Oct 23
watchlist_candidate
0
-2.0%
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