| WDAY latest price $137.2500 (2.28%) ($134.5400 - $139.1200) on Wed. Oct. 17, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 39 |
Latest Price | $137.2500(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 2% a day on average for past five trading days. |
Weekly Trend | WDAY declines -5.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) SKYY(67%) VUG(67%) IWF(65%) IVW(64%) XLK(64%) |
Factors Impacting WDAY price | WDAY will decline at least -1.175% in a week (0% probabilities). VXX(-18%) UUP(-15%) VIXM(-13%) IFRA(-3%) GDXJ(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|