USA - NASDAQ:WDAY - US98138H1014 - Common Stock
Taking everything into account, WDAY scores 4 out of 10 in our technical rating. In the past year, WDAY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
WDAY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 241.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 239.73, a Stop Loss order could be placed below this zone.
208.36
We found 4 important support areas.
4 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for WDAY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WDAY is neutral. |
| ChartMill Relative Strength | 50.8 | NEUTRAL | WDAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WDAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.22 | NEUTRAL | The RSI value for WDAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests WDAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.4 | NEUTRAL | The Stochastics value for WDAY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for WDAY suggests some volalility. |
| Average Directional Index/ADX (14) | 10.43 | NEGATIVE | The low ADX value for WDAY suggests a weak or negative trend. |
239.92
+7.05 (+3.03%)
ChartMill assigns a technical rating of 4 / 10 to WDAY.
The current trend direction for WORKDAY INC-CLASS A (WDAY) is Bearish.
WORKDAY INC-CLASS A (WDAY) has an RSI value of 53.2225. This indicates that the stock is currently neutral.
The MACD indicator for WORKDAY INC-CLASS A (WDAY) has a value of -0.525649, indicating a bearish trend.
The short term momentum for WORKDAY INC-CLASS A (WDAY) is neutral.