| WDAY latest price $191.8100 (4.7%) ($191.8100 - $193.0000) on Tue. Feb. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 74 |
Latest Price | $191.8100(4.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 1.3% a day on average for past five trading days. |
Weekly Trend | WDAY advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) SKYY(61%) BOTZ(27%) XLK(23%) BLOK(22%) QQQ(21%) |
Factors Impacting WDAY price | WDAY will decline at least -1.79% in a week (0% probabilities). XLP(-10%) VIXM(-9%) VXX(-6%) OIH(-5%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.79% (StdDev 3.58%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|