WORKIVA INC (WK) Technical Analysis
NYSE:WK • US98139A1051
Current stock price
WK Technical Rating and Analysis
Taking everything into account, WK scores 0 out of 10 in our technical rating. WK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than WK.
- WK is part of the Software industry. There are 272 other stocks in this industry, of which 61% are performing better than WK.
- WK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- WK has an average volume of 1011690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WK has a been trading in the 51.99 - 61.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WK Weekly and Daily overview Charts
WK Setup Rating and Analysis
WK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 59.95. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
WK Support and Resistance Analysis
54.94
We found 1 important support area.
- A support zone ranging from 55.49 to 55.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 59.95 to 60.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @83.04 from a trend line in the weekly time frame.
- Resistance @91.05 from a horizontal line in the daily time frame.
WK 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 WK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WK is down. |
| ChartMill Relative Strength | 10.51 | NEGATIVE | WK has a low relative strength, it was outperformed by 89.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WK is below a declining 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) | 40.98 | NEUTRAL | The RSI value for WK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests WK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.25 | NEUTRAL | The Stochastics value for WK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for WK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for WK suggests a weak or negative trend. |
WK Chart- and CandleStick Pattern Analysis
WK Technicals: Chart, Performance Metrics, Trend & Indicators
56.02
-0.2 (-0.36%)
WORKIVA INC / WK TA FAQ
What is the ChartMill technical rating of WORKIVA INC (WK) stock?
ChartMill assigns a technical rating of 0 / 10 to WK.
Can you provide the trend direction for WORKIVA INC?
The current trend direction for WORKIVA INC (WK) is Bearish.
What is the RSI signal for WORKIVA INC (WK) stock?
WORKIVA INC (WK) has an RSI value of 40.9838. This indicates that the stock is currently neutral.
What is the MACD signal for WK stock?
The MACD indicator for WORKIVA INC (WK) has a value of 0.209666, indicating a bearish trend.
Can you provide the short term momentum for WORKIVA INC?
The short term momentum for WORKIVA INC (WK) is negative.