WORKIVA INC (WK) Stock Technical Analysis
NYSE:WK - New York Stock Exchange, Inc. - US98139A1051 - Common Stock - Currency: USD
Overall WK gets a technical rating of 2 out of 10. WK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, WK is a bad performer in the overall market: 82% of all stocks are doing better.
WK is part of the Software industry. There are 284 other stocks in this industry, of which 65% are performing better than WK.
WK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WK has a been trading in the 64.58 - 70.66 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.
Although the technical rating is bad, WK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 66.89, a Stop Loss order could be placed below this zone.
More info and screens
64.75
76.02
We found 1 important support area.
- A support zone ranging from 65.40 to 66.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 67.43 to 67.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @75.27 from a horizontal line in the daily 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 | 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 | 18.83 | NEGATIVE | WK has a low relative strength, it was outperformed by 81.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WK is below 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) | 46.64 | NEUTRAL | The RSI value for WK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WK has a positive trend. |
| Stochastics (14,3) | 26.17 | NEUTRAL | The Stochastics value for WK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for WK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.16 | 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)
67.18
+0.91 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.37%
1 Week-0.93%
2 Weeks-3.41%
1 Month0.03%
3 Month-14.67%
6 Month-39.55%
12 Month-7.96%
2 Year-33.92%
3 Year1.8%
5 Year25.59%
10 Year385.76%
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%2.42%
ATR Inc-4.95%
Range Today1.12
ADR(20)1.61
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.83
Mansfield-2.28
10 Day High70.28
10 Day Low64.58
20 Day High70.66
20 Day Low64.58
52 Week High116.83
52 Week Low60.5
CS1 End66.89
CR1 Start67.43
Volume & EV
DER(3)-1.62%
DER(5)-1.61%
Volume465.00K
Volume Incr11.74%
Vol(5)490.96K
Vol(50)571.01K