Trend Table for PAYX - Paychex, Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 19	C	Weak or Absent	Down	Down	Down	21.68%
Dec 16	C	Weak or Absent	Down	Down	Down	21.22%
Dec 15	D	Weak or Absent	Down	Flat	Down	20.06%
Dec 14	B	Weak or Absent	Flat	Up	Flat	14.59%
Dec 13	A	Weak or Absent	Flat	Up	Up	13.98%
Dec 12	A	Weak or Absent	Flat	Up	Up	14.31%
Dec 9	C	Weak or Absent	Down	Up	Down	17.62%
Dec 8	C	Weak or Absent	Down	Up	Down	16.98%
Dec 7	C	Weak or Absent	Down	Up	Down	16.71%
Dec 6	C	Weak or Absent	Down	Up	Down	16.53%