WORKDAY INC-CLASS A (WDAY) Stock Technical Analysis
USA - NASDAQ:WDAY - US98138H1014 - Common Stock
238.36 USD
+1.88 (+0.79%)
238.36 USD
0 (0%)
Taking everything into account, WDAY scores 3 out of 10 in our technical rating. WDAY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
72% of all other stocks performed better in the past year than WDAY.
WDAY has an average volume of 3652430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
WDAY is an average performer in the Software industry, it outperforms 48% of 281 stocks in the same industry.
WDAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WDAY is lagging the market.
In the last month WDAY has a been trading in the 218.00 - 249.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WDAY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 234.30, a Stop Loss order could be placed below this zone.
More info and screens
208.36
276.41
4 important support areas can be observed.
- A support zone ranging from 230.28 to 234.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 221.27 to 221.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 217.13 to 217.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 210.46 to 211.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 240.31 to 241.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 246.53 to 247.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @252.90 from a horizontal line in the daily time frame.
- Resistance @262.79 from a trend line in the weekly time frame.
- Resistance @273.67 from a horizontal line in the weekly time frame.
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 | 28.1 | NEGATIVE | WDAY has a low relative strength, it was outperformed by 71.9% off all stocks 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) | DOWN | MIXED | The current price of WDAY is above a declining 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) | 52.24 | NEUTRAL | The RSI value for WDAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests WDAY has a negative trend. |
| Stochastics (14,3) | 48.97 | NEUTRAL | The Stochastics value for WDAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for WDAY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for WDAY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
238.36
+1.88 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.79%
1 Week-4.13%
2 Weeks1.22%
1 Month2.34%
3 Month-2.18%
6 Month8.91%
12 Month-2.42%
2 Year11.7%
3 Year51.76%
5 Year12.55%
10 Year199.46%
15 YearN/A
Volatility
ATR(14)8.07
ATR(20)%3.02%
ATR Inc-28.97%
Range Today9.26
ADR(20)6.49
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.1
Mansfield-1.4
10 Day High249.85
10 Day Low230.73
20 Day High249.85
20 Day Low218
52 Week High294
52 Week Low205.33
CS1 End234.3
CR1 Start240.31
Volume & EV
DER(3)-1.48%
DER(5)-0.89%
Volume2.25M
Volume Incr-11.11%
Vol(5)3.27M
Vol(50)3.65M