| Paychex is a provider of integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small- to medium-sized businesses. Co.'s portfolio of services includes: payroll processing services, including calculation, preparation, and delivery of employee payroll checks; payroll tax administration services; employee payment services; regulatory compliance services; HR Solutions (Administrative Services Organization); retirement services administration; HR administration services, including time and attendance solutions; other HR services and products; business services; Professional Employer Organization solutions; and insurance solutions. |
When researching a stock like Paychex, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PAYX Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PAYX stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the PAYX 200 day moving average ("PAYX 200 DMA"), while one of the most popular "shorter look-backs" is the PAYX 50 day moving average ("PAYX 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Paychex.