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Shares of PAYX Up 12.5% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Paychex Inc (NASDAQ:PAYX) on May 10th, 2018 at $62.53. In approximately 2 months, Paychex Inc has returned 12.54% as of today's recent price of $70.37.

In the past 52 weeks, shares of Paychex Inc have traded between a low of $54.20 and a high of $73.10 and are now at $70.37, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.1%.

Paychex, Inc. provides comprehensive payroll and integrated human resource and employee benefits outsourcing solutions for small to medium-sized businesses in the United States. The Company's services range from calculating payroll and filing tax payments to administering retirement plans and workers' compensation.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Paychex Inc shares.

Log in and add Paychex Inc (PAYX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights paychex inc

Ticker(s): PAYX