WORKDAY INC-CLASS A (WDAY) Technical Analysis
NASDAQ:WDAY • US98138H1014
Current stock price
WDAY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to WDAY. WDAY'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than WDAY.
- WDAY is part of the Software industry. There are 272 other stocks in this industry, of which 75% are performing better than WDAY.
- WDAY 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.
- WDAY has an average volume of 5692420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month WDAY has a been trading in the 110.36 - 133.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WDAY Weekly and Daily overview Charts
WDAY Setup Rating and Analysis
WDAY has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
WDAY Support and Resistance Analysis
111.38
We found 1 important support area.
- A support zone ranging from 112.50 to 112.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 122.66 to 124.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @129.16 from a horizontal line in the daily time frame.
- Resistance @176.19 from a trend line in the daily time frame.
- Resistance @203.63 from a trend line in the weekly time frame.
- Resistance @231.85 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 | 6.21 | NEGATIVE | WDAY has a low relative strength, it was outperformed by 93.79% 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) | 41.25 | NEUTRAL | The RSI value for WDAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests WDAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.12 | NEUTRAL | The Stochastics value for WDAY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for WDAY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.05 | POSITIVE | The high ADX value value for WDAY suggests a strong trend. |
WDAY Chart- and CandleStick Pattern Analysis
WDAY Technicals: Chart, Performance Metrics, Trend & Indicators
117.83
-1.93 (-1.61%)
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.
What is the RSI signal for WORKDAY INC-CLASS A (WDAY) stock?
WORKDAY INC-CLASS A (WDAY) has an RSI value of 41.2451. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WORKDAY INC-CLASS A?
The short term momentum for WORKDAY INC-CLASS A (WDAY) is negative.
Can you provide the support and resistance levels for WORKDAY INC-CLASS A?
WORKDAY INC-CLASS A (WDAY) has a support level at 112.5 and a resistance level at 122.66. Check the full technical report for our detailed analysis of WDAY support and resistance levels.