Is Paychex, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for Paychex, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the weekly MACD, which is bearish, and the daily moving averages also showing a bearish signal. The Bollinger Bands and KST on both weekly and monthly time frames are bearish, while the Dow Theory indicates a mildly bearish stance.
In terms of performance, Paychex has underperformed the S&P 500 across multiple periods, with a year-to-date return of -6.50% compared to the S&P 500's 12.22%, and a one-year return of -1.05% versus 17.14% for the benchmark.