WORKDAY INC-CLASS A (WDAY)
US98138H1014 - Common Stock
We assign a technical rating of 7 out of 10 to WDAY. In the last year, WDAY 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 long and short term trends are both positive. This is looking good!
WDAY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WDAY has an average volume of 2156910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WDAY turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
WDAY is part of the Software industry. There are 284 other stocks in this industry, WDAY did better than 67% of them.
WDAY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WDAY is lagging the market slightly.
Besides having an excellent technical rating, WDAY also presents 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 resistance zone just above the current price starting at 260.02. Right above this resistance zone may be a good entry point.
More info and screens
203.95
267.34
4 important support areas can be observed.
- A support zone ranging from 254.59 to 254.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @249.03 from a trend line in the daily time frame.
- Support @215.40 from a trend line in the weekly time frame.
- A support zone ranging from 206.01 to 207.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 260.02 to 264.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.54
Mansfield-0.65
10 Day High266.82
10 Day Low251.25
20 Day High266.82
20 Day Low209.73
52 Week High311.28
52 Week Low199.81
Performance
1 Week-2.96%
2 Weeks10.18%
1 Month19.99%
3 Month18.11%
6 Month-3.68%
12 Month1.58%
2 Year67.26%
3 Year1.88%
5 Year49.8%
10 Year208.61%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.82
RSI(14)62.93
LBB226.69
UBB277.57
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 264.70 | 254.58 | 10.12 (3.82%) | 25.00% |
| An entry @264.70. This is a Buy Stop order right above the resistance zone. | An exit @254.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.12 points, which is 3.82%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WDAY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WORKDAY INC-CLASS A
NASDAQ:WDAY (9/6/2024, 8:00:02 PM)
After market: 247.97 -6.63 (-2.6%)254.6
-1.19 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.47%
1 Week-2.96%
2 Weeks10.18%
1 Month19.99%
3 Month18.11%
6 Month-3.68%
12 Month1.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.27
ATR(20)%2.65%
ATR Inc
Range Today8.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High266.82
10 Day Low251.25
20 Day High266.82
20 Day Low209.73
52 Week High311.28
52 Week Low199.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.25M
Volume Incr-40.08%
Vol(5)1.63M
Vol(50)2.16M