Paychex(PAYX)

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

Auto-detected technical analysis for PAYX · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$110.74last close · Jul 22, 202652-week range $85.45$148.11 · 25.23% below the high

PAYX Falling Wedge Pattern

PAYX is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge usually breaks higher, but PAYX is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $126.45 (−6.2%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; PAYX's own falling wedges have hit 55.0%.

DirectionBearishTarget$126.45Projected move−6.2%Breakout level$134.89

New to this pattern? What a falling 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 $126.45 on Sep 25, 2025 — a 5.8% move (+1.50R) over 12 sessions. Across 111 backtested falling wedges, this setup wins 57.7% of the time.

OutcomeWinResult+5.8%R+1.50REntry$134.31Exit$126.45

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
PAYX win rate
55.0%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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 @ $126.45Win+6.2% · +1.50R
Falling WedgeApr 25, 2025 @ $143.96Jun 9, 2025 @ $156.97Win+9.8% · +2.25R
TriangleJan 13, 2025 @ $140.88Feb 7, 2025 @ $146.74Win+5.6% · +1.00R
TriangleDec 12, 2024 @ $141.17Jan 27, 2025 @ $148.04Loss+7.8% · -1.10R
Rising WedgeSep 10, 2024 @ $133.59Nov 15, 2024 @ $142.96Win+10.9% · +0.81R
Rising WedgeAug 23, 2024 @ $128.70Sep 18, 2024 @ $132.50Win+4.7% · +0.57R
TriangleMay 10, 2024 @ $121.82Jul 1, 2024 @ $117.00Loss+8.3% · -1.03R
TriangleFeb 14, 2023 @ $113.97Jul 17, 2023 @ $121.03Loss+13.8% · -1.02R
TriangleFeb 2, 2023 @ $118.60Feb 21, 2023 @ $111.52Loss+15.7% · -1.14R
Rising WedgeDec 6, 2022 @ $120.21Dec 22, 2022 @ $111.17Win+9.1% · +1.48R
Rising WedgeNov 22, 2022 @ $122.52Dec 15, 2022 @ $117.08Loss+8.8% · -1.23R
TriangleJul 26, 2022 @ $122.53Aug 22, 2022 @ $135.94Win+13.0% · +1.18R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

PAYX Support and Resistance Levels

Price found a floor near $85.50 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $146.28 — still about 32% away.

  • Traders commonly watch $146.28 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 $85.50 floor about 2 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.

PAYX Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$113.13$113.24$110.10$110.74
Jul 21, 2026$113.85$114.77$111.93$111.96
Jul 20, 2026$113.87$115.39$112.58$115.20
Jul 17, 2026$115.13$117.72$112.50$114.39
Jul 16, 2026$111.47$115.24$111.47$114.70
Jul 15, 2026$109.77$112.34$109.43$110.00
Jul 14, 2026$107.99$110.52$107.49$109.52
Jul 13, 2026$108.91$111.64$108.74$110.75
Jul 10, 2026$107.46$107.86$106.49$107.54
Jul 9, 2026$104.62$106.90$103.74$106.26

PAYX Frequently Asked Questions

What chart pattern is PAYX forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Paychex (PAYX) on the daily chart, with a measured-move target of $126.45.
Is a falling wedge bullish or bearish?
The falling wedge detected on PAYX is a bearish pattern, projecting a measured-move target of $126.45. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if PAYX's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $126.45 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PAYX's closing price on Jul 22, 2026?
Paychex (PAYX) last closed at $110.74 on Jul 22, 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.