| WDAY latest price $182.4200 (7.24%) ($178.0080 - $187.0000) on Thu. May. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 66 |
Latest Price | $182.4200(7.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 2.8% a day on average for past five trading days. |
Weekly Trend | WDAY advances 3.4% 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) VUG(64%) SKYY(63%) XLK(62%) IVW(61%) IWF(61%) |
Factors Impacting WDAY price | WDAY will decline at least -2.395% in a week (0% probabilities). VIXM(-36%) UUP(-27%) VXX(-14%) TBT(-9%) IYT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.395% (StdDev 4.79%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|