| WDAY latest price $131.6300 (1.09%) ($131.5600 - $140.8600) on Tue. Apr. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 65 |
Latest Price | $131.6300(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 0.3% a day on average for past five trading days. |
Weekly Trend | WDAY declines -0.3% 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) VUG(66%) SKYY(65%) XLK(64%) IVW(63%) IWF(63%) |
Factors Impacting WDAY price | WDAY will decline at least -2.065% in a week (0% probabilities). VIXM(-39%) UUP(-27%) VXX(-15%) TBT(-6%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.065% (StdDev 4.13%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|