WORKDAY INC-CLASS A (WDAY) Technical Analysis
NASDAQ:WDAY • US98138H1014
Current stock price
135.96 USD
+2.58 (+1.93%)
At close:
136.39 USD
+0.43 (+0.32%)
After Hours:
WDAY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WDAY. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WDAY is a bad performer in the overall market: 93% of all stocks are doing better.
- WDAY is part of the Software industry. There are 277 other stocks in this industry, of which 69% are performing better than WDAY.
- WDAY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so WDAY is lagging the market.
- In the last month WDAY has a been trading in the 117.76 - 153.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- WDAY has an average volume of 5376000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WDAY Weekly and Daily overview Charts
WDAY Setup Rating and Analysis
The technical rating of WDAY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WDAY Support and Resistance Analysis
127.91
244.18
When analyzing the support we notice one important area.
- Support @129.20 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 136.22 to 137.52. 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 151.05 to 151.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @189.76 from a trend line in the daily time frame.
- Resistance @211.96 from a trend line in the weekly time frame.
- Resistance @233.46 from a horizontal line in the daily time frame.
- Resistance @241.76 from a horizontal line in the daily time frame.
WDAY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for WDAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WDAY is down. |
| ChartMill Relative Strength | 7.68 | NEGATIVE | WDAY has a low relative strength, it was outperformed by 92.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WDAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WDAY is below 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) | 40.49 | NEUTRAL | The RSI value for WDAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests WDAY has a positive trend. |
| Stochastics (14,3) | 17.88 | OVERSOLD | The low Stochastics value suggests WDAY may be oversold. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for WDAY suggests high volalility. |
| Average Directional Index/ADX (14) | 38.2 | POSITIVE | The high ADX value value for WDAY suggests a strong trend. |
WDAY Chart- and CandleStick Pattern Analysis
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)
WDAY Technicals: Chart, Performance Metrics, Trend & Indicators
135.96
+2.58 (+1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.93%
1 Week2.16%
2 Weeks-9.98%
1 Month-1.34%
3 Month-37.81%
6 Month-41.8%
12 Month-45.5%
2 Year-50.15%
3 Year-34.17%
5 Year-45.27%
10 Year76.94%
15 YearN/A
Volatility
ATR(14)6.7
ATR(20)%5.66%
ATR Inc-3.75%
Range Today8.13
ADR(20)7.06
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.68
3 months CRS8.22
6 months CRS12.6
Mansfield-3.91
10 Day High153.9
10 Day Low128.75
20 Day High153.9
20 Day Low117.76
52 Week High276
52 Week Low117.76
CS1 End129.2
CR1 Start136.22
Volume & EV
DER(3)-0.34%
DER(5)-0.18%
Volume9.23M
Volume Incr-20.28%
Vol(5)5.32M
Vol(50)5.38M
WORKDAY INC-CLASS A / WDAY TA FAQ
Can you provide the ChartMill technical rating for WORKDAY INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to WDAY.
Can you provide the trend direction for WORKDAY INC-CLASS A?
The current trend direction for WORKDAY INC-CLASS A (WDAY) is Bearish.
Can you provide the RSI signal for WORKDAY INC-CLASS A?
WORKDAY INC-CLASS A (WDAY) has an RSI value of 40.4921. This indicates that the stock is currently neutral.
What is the MACD signal for WDAY stock?
The MACD indicator for WORKDAY INC-CLASS A (WDAY) has a value of 1.05317, indicating a bullish trend.
What is the buy/sell signal for WORKDAY INC-CLASS A (WDAY) stock?
The buy/sell signal for WORKDAY INC-CLASS A (WDAY) is sell as both the short term and long term trends are negative.