Paychex (PAYX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PAYX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$118.66last close · Aug 4, 202652-week range $85.45 – $141.89 · 16.37% below the high

PAYX Rising Wedge Pattern

PAYX is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $105.22 (−10.3%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; PAYX's own rising wedges have hit 50.0%.

DirectionBearishTarget$105.22Projected move−10.3%Breakout level$116.13

New to this pattern? What a rising wedge is and how to trade it →

PAYX's Most Recent Falling Wedge Trade

PAYX's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Sep 9, 2025 near $134.31, then reached its target at $126.46 on Sep 25, 2025 — a +1.50R move (5.8%) over 12 sessions. Across 157 backtested falling wedges, this setup wins 58.6% of the time.

OutcomeWinResult+1.50REntry$134.31Exit$126.46

Learn about falling wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
PAYX win rate
50.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

PAYX Pattern Trade History

Every completed pattern trade our nightly backtest found on PAYX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeSep 9, 2025 @ $134.31Sep 25, 2025 @ $126.46Win+1.50R
Falling WedgeApr 25, 2025 @ $143.96Jun 9, 2025 @ $156.97Win+2.25R
Falling WedgeApr 7, 2025 @ $140.80May 16, 2025 @ $155.98Loss-1.03R
TriangleJan 13, 2025 @ $140.88Feb 7, 2025 @ $146.74Win+1.00R
TriangleDec 11, 2024 @ $141.05Jan 27, 2025 @ $148.04Loss-1.10R
Rising WedgeSep 10, 2024 @ $133.61Nov 15, 2024 @ $142.96Win+0.81R
Rising WedgeAug 23, 2024 @ $128.70Sep 18, 2024 @ $132.50Win+0.57R
TriangleJul 30, 2024 @ $127.82Oct 25, 2024 @ $140.33Win+1.93R
TriangleMay 22, 2024 @ $126.15Jul 1, 2024 @ $117.00Loss-1.02R
TriangleMay 10, 2024 @ $121.82Jul 1, 2024 @ $117.00Loss-1.03R
TriangleFeb 21, 2023 @ $113.37Apr 26, 2023 @ $106.14Win+0.96R
TriangleFeb 14, 2023 @ $113.97Jul 17, 2023 @ $121.03Loss-1.02R

PAYX Support and Resistance Levels

Price found a floor near $82.90 about 4 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $146.23 — still about 23% away.

  • Traders commonly watch $146.23 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $82.90 floor about 4 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $86.53. These are chart/swing-derived levels, not formula pivots.

Support
$86.53$85.21

PAYX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$115.60$118.97$115.11$118.66
Aug 3, 2026$118.75$119.97$116.98$117.67
Jul 31, 2026$114.94$117.28$113.80$116.84
Jul 30, 2026$119.06$119.29$113.69$116.33
Jul 29, 2026$119.58$124.74$118.87$122.13
Jul 28, 2026$116.64$119.96$116.64$118.87
Jul 27, 2026$115.00$116.90$114.50$115.48
Jul 24, 2026$111.23$114.35$110.64$113.55
Jul 23, 2026$111.76$111.82$109.38$110.66
Jul 22, 2026$113.13$113.24$110.10$110.74

PAYX Frequently Asked Questions

What chart pattern is PAYX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Paychex (PAYX) on the daily chart, with a measured-move target of $105.22.
Is a rising wedge bullish or bearish?
The rising wedge detected on PAYX is a bearish pattern, projecting a measured-move target of $105.22. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for PAYX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PAYX's nearest support is around $86.53 and nearest resistance around n/a.
What is the price target if PAYX's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $105.22 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PAYX's closing price on Aug 4, 2026?
Paychex (PAYX) last closed at $118.66 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.