| WDAY latest price $89.8600 (1.14%) ($88.8500 - $91.1000) on Mon. Jun. 30, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 85 |
Latest Price | $89.8600(1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 0.9% a day on average for past five trading days. |
Weekly Trend | WDAY advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) QQQ(61%) XLK(61%) VT(56%) XLY(56%) SPY(55%) |
Factors Impacting WDAY price | WDAY will decline at least -1.77% in a week (0% probabilities). VIXM(-24%) UUP(-9%) TLT(-7%) SHY(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.77% (StdDev 3.54%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|