WORKIVA INC (WK) Stock Technical Analysis
NYSE:WK - US98139A1051 - Common Stock
82.24 USD
+1.49 (+1.85%)
82.24 USD
0 (0%)
Overall WK gets a technical rating of 6 out of 10. In the last year, WK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month WK has a been trading in the 71.11 - 85.70 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that WK is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
WK is part of the Software industry. There are 281 other stocks in this industry, WK did better than 66% of them.
WK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WK is lagging the market.
WK has an average technical rating and it also does not offer a high 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
64.52
85.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 71.62 to 71.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @65.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.37 to 84.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WK is up. |
| ChartMill Relative Strength | 73.33 | POSITIVE | WK has a high relative strength, it outperformed 73.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.29 | NEUTRAL | The RSI value for WK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests WK has a positive trend. |
| Stochastics (14,3) | 97.09 | OVERBOUGHT | The high Stochastics value suggests WK may be overbought. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for WK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for WK suggests a possible start of a new 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)
82.24
+1.49 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.85%
1 Week2.83%
2 Weeks10.02%
1 Month-2.44%
3 Month22.22%
6 Month-6.03%
12 Month5.21%
2 Year-26.47%
3 Year21.14%
5 Year39.39%
10 Year473.9%
15 YearN/A
Volatility
ATR(14)2.12
ATR(20)%3.22%
ATR Inc-39.11%
Range Today1.45
ADR(20)2.59
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.33
Mansfield-0.89
10 Day High82.66
10 Day Low74.19
20 Day High85.7
20 Day Low71.11
52 Week High116.83
52 Week Low60.5
CS1 End71.98
CR1 Start83.37
Volume & EV
DER(3)-3.96%
DER(5)-4.01%
Volume651.50K
Volume Incr-26.91%
Vol(5)706.20K
Vol(50)716.12K