Paychex's most recent trend suggests a bearish bias. One trading opportunity on Paychex is a Bear Call Spread using a strike $47.00 short call and a strike $52.50 long call offers a potential 12.24% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.90 would be incurred if the stock rose above the $52.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Paychex is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Paychex is bearish.
The RSI indicator is at 39.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Paychex
The SurePayroll Small Business Scorecard(R): Small Businesses Maintain Strong Balance Sheets
Wed, 27 Jan 2016 12:00:00 GMT
Marketwired – Only 1 in 10 small business owners are operating with debt or reducing staff, according to the January 2016 SurePayroll Small Business Scorecard. This despite optimism about the economy dropping significantly …
Paychex Identifies Top 10 Regulatory Issues Expected to Impact Businesses in 2016
Tue, 19 Jan 2016 15:35:04 GMT
noodls – Only a few weeks into the New Year and the regulatory landscape is continuing to evolve at a rapid pace. From the IRS extending select Affordable Care Act reporting deadlines to a delay of the debated …
Paychex Identifies Top 10 Regulatory Issues Expected to Impact Businesses in 2016
Tue, 19 Jan 2016 14:00:00 GMT
Business Wire – Only a few weeks into the New Year and the regulatory landscape is continuing to evolve at a rapid pace. From the IRS extending select Affordable Care Act reporting deadlines to a delay of the debated Cadillac Tax, 2016 is gearing up to be another active year for government regulations impacting business.
Paychex Declares Quarterly Dividend
Fri, 15 Jan 2016 15:35:32 GMT
noodls – Today the Board of Directors of Paychex, Inc. (NASDAQ‑PAYX) declared a regular quarterly dividend of $.42 per share payable February 16, 2016 to shareholders of record February 1, 2016. … This is an …
Paychex Declares Quarterly Dividend
Fri, 15 Jan 2016 13:48:00 GMT
Business Wire – Today the Board of Directors of Paychex, Inc. declared a regular quarterly dividend of $.42 per share payable February 16, 2016 to shareholders of record February 1, 2016.
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