Trading Signals: WDAY Stock Price Prediction and Forecast

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Fri. Jan. 13, 2023

Trading Signals: WDAY Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Oct. 27, 2023)

(Workday Inc)
WDAY latest price $167.9000 (2.92%) ($167.9000 - $167.9500) on Fri. Jan. 13, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.75% (three month average)
RSI   46
Latest Price   $167.9000(2.92%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WDAY advances 0.8% a day on average for past five trading days.
Weekly Trend   WDAY declines -0.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support WDAY advance at 0% a week (0% probability)
SKYY(61%)    BOTZ(28%)    XLK(28%)    QQQ(26%)    VUG(26%)
Factors Impacting WDAY price   WDAY will decline at least -1.875% in a week (0% probabilities).
VIXM(-10%)    VXX(-6%)    XLP(-4%)    UUP(-4%)    OIH(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.875% (StdDev 3.75%)
Hourly BBV 1.7 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $162.03(-3.5%)
5 Day Moving Average   $163.6(2.63%)
10 Day Moving Average   $164.55(2.04%)
20 Day Moving Average   $167.03(0.52%)
To recent high   -6.7%
To recent low   26.7%
Market Cap   $39.457b

Workday, Inc. engages in the development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management, and analytics applications designed for companies, educational institutions, and government agencies. The company was founded by David A. Duffield and Aneel Bhusri in March 2005 and is headquartered in Pleasanton, CA.

$. WDAY price fluctuates within 2.5% (three month std-dev: 3.75%) daily (68% of days).

Sample size 7 Average positive next day return: 2.19%(86%) Average negative next day return: -0.75%(14%) Sample size 7 Average positive next three day return: 4.87%(71%) Average negative next three day return: -16.78%(29%) Sample size 7 Average positive next weekly return: 5.88%(86%) Average negative next weekly return: -30.09%(14%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_13_2023	157.24	167.03	164.55	163.6	163.63	165.53	167.9(2.92%)	UT	OpenLong	75	1	35	80	43	9	1.46	57%	0.04	-44	3.75%	1.7	0.2	46	-1.9
2	Jan_12_2023	157.18	167.45	164.03	162.23	162.44	163.35	163.14(-0.26%)	N/A	N/A	0	0.2	18	40	28	-13	1.65	57%	0.01	-32.5	3.74%	0.7	-0.9	37	-1.6
3	Jan_11_2023	157.16	167.93	164.11	161.66	161.92	161.74	163.57(2.07%)	DP	OpenShort	-65	0.3	-7	-0	2	-32	0.99	55%	0.04	-24.3	3.74%	0.5	-0.8	42	-1.9
4	Jan_10_2023	157.09	168.27	164.22	162.97	161.57	161.52	160.25(-1.76%)	DT	OpenShort	-75	-0.5	-38	-30	-34	-49	1.82	53%	-0.01	-17.7	3.77%	0	-1.4	32	-2.1
5	Jan_9_2023	157.1	168.75	164.79	164.94	164.12	162.1	163.12(1.27%)	DP	OpenShort	-75	-0.3	-17	-100	-10	-38	1.2	53%	-0.04	-9.6	3.79%	0	-1	33	-2

6	Jan_6_2023	157.16	168.89	165.43	165.66	165.87	161.61	161.08(0.5%)	DP	OpenShort	-75	-0.8	-71	-180	-72	-67	1.47	51%	-0.08	-8	3.82%	-0.6	-1.4	26	-1.8
7	Jan_5_2023	157.28	168.99	166.56	166.02	167.27	166.14	160.28(-5.79%)	DT	OpenShort	-75	-1.1	-59	-20	-57	-64	2.39	51%	-0.1	9.3	3.82%	-1.7	-1.7	30	-1
8	Jan_4_2023	157.44	169.28	167.55	166.72	167.59	170.12	170.13(0.01%)	N/A	N/A	0	0.7	23	120	39	-26	1.31	55%	-0.05	33	3.75%	0.8	0.2	47	-0.9
9	Jan_3_2023	157.52	169.32	167.91	165.62	166.01	168.41	170.11(2.04%)	N/A	N/A	0	0.9	38	110	58	-21	1.73	55%	-0.18	44.4	3.76%	1.5	0.2	51	-0.1
10	Dec_30_2022	157.81	169.3	168.35	164.72	164.63	165.07	166.71(2.36%)	N/A	N/A	0	0.4	6	20	20	-36	0.75	54%	-0.08	58.3	3.76%	1.4	-0.5	49	1

11	Dec_28_2022	157.94	169.32	169.59	165.35	164.36	163.61	162.87(-0.56%)	DT	OpenShort	-75	-0.5	-30	-50	-27	-40	0.67	56%	-0.03	83.4	3.74%	-1.1	-1.3	51	1.3
12	Dec_27_2022	157.98	168.52	171.07	167.27	165.97	164.2	163.79(-0.5%)	DT	OpenShort	-75	-0.5	-30	-100	-33	-20	0.56	56%	-0.04	63.9	3.79%	-0.5	-0.6	57	1.2
13	Dec_23_2022	158.05	167.74	172.05	168.45	168.14	165.12	164.61(-0.62%)	DT	OpenShort	-75	-0.4	-42	-130	-51	-14	0.54	56%	0.02	53.5	3.78%	0	-0.3	53	1.3
14	Dec_22_2022	158.02	167.08	172.7	170.49	169.35	167.75	165.63(-2.49%)	DT	OpenShort	-75	-0.5	-55	-90	-69	-11	1.55	56%	0.03	59	3.78%	-1.2	-0.1	46	1.8
15	Dec_21_2022	157.97	166.37	173.15	172.47	171.64	171.16	169.86(-1.5%)	N/A	N/A	0	-0.2	-5	-30	-14	21	1.99	56%	0.1	58.9	3.76%	-1.2	0.3	51	1.6

16	Dec_20_2022	157.82	165.27	172.75	174.49	172.97	170.95	172.45(1.61%)	N/A	N/A	0	-0.2	-20	-110	-34	23	0.97	56%	0.11	54.6	3.76%	-0.2	0.6	57	1
17	Dec_19_2022	157.65	163.88	171.77	175.52	174.84	172.13	169.72(-2.91%)	CR	SmallShort	-20	-0.5	-33	-120	-56	37	1.63	56%	0.09	50.3	3.76%	-2	0.5	74	1.8
18	Dec_16_2022	157.51	162.77	171.35	176.13	176.89	174.99	174.81(-0.39%)	N/A	N/A	0	-0.1	-2	-60	-26	72	0.77	56%	0.14	46.8	3.74%	-0.7	1	76	0.6
19	Dec_15_2022	157.29	161.47	170.94	175.15	176.17	177.56	175.5(-2.48%)	UD	OpenLong	65	0	23	70	-2	99	2.35	54%	0.17	43.8	3.74%	-0.7	1.1	71	-0.8
20	Dec_14_2022	157.03	160.4	170.32	173.85	174.86	178.8	179.96(1.31%)	UT	OpenLong	75	0.5	101	180	85	148	2.01	54%	0.26	50.7	3.76%	1.2	1.6	74	-0.4

21	Dec_13_2022	156.63	159.33	168.9	170.78	172.12	174.78	177.63(2.84%)	UT	OpenLong	75	0.6	106	130	89	155	2.07	52%	0.2	56.3	3.75%	1.3	1.7	75	-0.4
22	Dec_12_2022	156.31	158.03	165.62	167.54	168.68	170.93	172.73(1.64%)	UT	OpenLong	75	0.5	64	110	45	121	2.18	52%	0.16	59.7	3.81%	1.2	1.4	75	-1.9
23	Dec_9_2022	156.06	157.14	162.98	165.93	166.06	169.46	169.94(0.57%)	UT	OpenLong	75	0.4	67	150	50	116	1.31	52%	0.13	71.5	3.81%	0.8	1.3	70	-0.8
24	Dec_8_2022	155.85	156.21	160.93	166.18	164.65	166.42	168.97(2.64%)	UT	OpenLong	75	0.3	63	50	44	119	1.84	52%	0.14	82.8	3.81%	1.5	1.4	66	-0.1
25	Dec_7_2022	155.63	154.54	158.99	166.35	165.2	162.67	164.62(1.96%)	UD	OpenLong	65	-0.2	12	-130	-16	94	2.06	53%		75.4	3.8%	0.7	1	57	-0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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