Trading Signals: WDAY Stock Price Prediction and Forecast

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Fri. Sep. 1, 2023

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

(Workday Inc)
WDAY latest price $248.6350 (1.7%) ($248.6350 - $249.2500) on Fri. Sep. 1, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.77% (three month average)
RSI   71
Latest Price   $248.6350(1.7%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WDAY advances 0.9% a day on average for past five trading days.
Weekly Trend   WDAY advances 3.3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support WDAY advance at 0% a week (0% probability)
SPY(64%)    IVE(63%)    DIA(60%)    IVW(60%)    SKYY(60%)
Factors Impacting WDAY price   WDAY will decline at least -0.885% in a week (0% probabilities).
VIXM(-46%)    VXX(-41%)    TBT(-35%)    UUP(-8%)    SHY(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.885% (StdDev 1.77%)
Hourly BBV 2 ()
Intraday Trend 0%

5 Day Moving Average   $242.68(2.45%)
10 Day Moving Average   $236.42(5.17%)
20 Day Moving Average   $232.27(7.05%)
To recent high   0%
To recent low   22.3%
Market Cap   $58.429b

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 2.99% (three month std-dev: 1.77%) daily (68% of days).

Sample size 50 Average positive next day return: 1.26%(66%) Average negative next day return: -1.17%(34%) Sample size 50 Average positive next three day return: 2.42%(40%) Average negative next three day return: -2.59%(60%) Sample size 50 Average positive next weekly return: 2.16%(54%) Average negative next weekly return: -3.61%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231001

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	Sep_1_2023	213.36	232.27	236.42	242.68	244.24	246.64	248.64(1.7%)	UT	OpenLong	75	0.9	156	90	150	172	0.83	62%	0.26	42.5	1.77%	2	2.4	71	2.3
2	Aug_31_2023	212.81	231.26	233.96	240.43	241.09	243.6	244.49(0.57%)	UT	OpenLong	75	0.7	107	80	98	133	1.04	62%	0.26	36.4	1.77%	0.8	2.3	70	2.3
3	Aug_30_2023	212.26	230.45	232.24	236.66	239.31	241.84	243.11(0.89%)	UT	OpenLong	75	1.3	168	110	178	136	1.64	58%	0.23	22.1	1.77%	1.2	2.5	66	2.2
4	Aug_29_2023	211.78	229.66	230.87	233.96	235.02	238.58	240.98(2.03%)	UT	OpenLong	75	1.6	107	120	111	95	1.36	58%	0.22	7.1	1.81%	1.2	2.5	68	1.7
5	Aug_28_2023	211.32	229.41	229.74	231.02	232.18	236.79	236.19(-0.5%)	UD	OpenLong	75	1.3	176	150	197	111	1.62	56%	0.12	-1.7	1.81%	0.8	1.7	59	1.5

6	Aug_25_2023	211.06	229.36	228.85	229.22	229.69	231.46	237.38(5.19%)	UT	OpenLong	75	2.1	118	60	135	66	4.91	64%	0.2	2.3	2.16%	2.6	2	55	0.2
7	Aug_24_2023	210.64	229.15	227.67	226.61	227.22	227.57	225.66(-1.72%)	DT	OpenShort	-75	-0.3	-8	20	-6	-13	2.72	60%	0.14	-5.8	2.07%	-1.9	-1	44	-0.6
8	Aug_23_2023	210.35	229.35	227.92	227.09	226.92	227.92	229.61(1.49%)	UT	OpenLong	75	0.7	25	30	32	3	0.96	58%	0.13	6.6	2.06%	1.2	0.1	50	0.5
9	Aug_22_2023	210.07	229.34	227.39	227.3	226.43	226.86	226.24(-0.42%)	DT	HoldShort	-50	-0.3	-1	0	3	-12	1.12	58%	0.11	5.9	2.07%	0.6	-0.9	46	-0.5
10	Aug_21_2023	209.84	229.47	227.53	228.24	227.54	225.92	227.2(1.27%)	DP	OpenShort	-75	-0.3	-14	-60	-11	-24	0.82	58%	0.1	12.3	2.06%	-0	-0.6	35	-0.5

11	Aug_18_2023	209.62	229.28	227.89	228.38	228.1	226	224.36(-1.62%)	DT	OpenShort	-75	-1	-85	-70	-93	-62	1.22	61%	0.12	4.8	2.06%	-1.2	-1.3	34	-1.4
12	Aug_17_2023	209.37	229.36	228.5	228.8	229.11	229.15	228.06(-1.13%)	DT	OpenShort	-75	-0.2	-25	10	-21	-36	0.14	62%	0.15	8.6	2.09%	0	-0.3	40	-2.3
13	Aug_16_2023	209.06	229.11	228.65	228.77	228.81	230.21	230.66(-0.12%)	N/A	N/A	0	0.5	31	40	44	-10	1.19	62%	0.21	11.4	2.08%	0.3	0.4	53	-1
14	Aug_15_2023	208.63	229.14	228.44	227.47	228	229.07	230.93(1.33%)	N/A	N/A	0	0.9	41	40	59	-14	1.38	63%	0.21	16.6	2.08%	1.3	0.4	53	-0.8
15	Aug_14_2023	208.19	229.02	229.04	226.79	226.89	227.41	227.91(0.66%)	N/A	N/A	0	0.3	2	20	12	-28	0.71	63%	0.1	20.1	2.08%	0.2	-0.3	51	0.9

16	Aug_11_2023	207.98	229.11	229.86	227.43	226.67	226.93	226.42(-0.66%)	DT	OpenShort	-75	-0.2	-9	-0	-7	-15	0.61	65%	0.19	31.7	2.1%	-0.4	-0.7	58	0.2
17	Aug_10_2023	207.58	229.02	230.69	228.21	227.85	226.37	227.92(1.67%)	DP	OpenShort	-75	-0.1	-9	-50	-12	-1	1.03	65%	0.21	38.9	2.1%	0	-0.2	56	-0.6
18	Aug_9_2023	207.15	228.67	230.87	228.54	228.56	226.41	224.17(-1.47%)	DT	OpenShort	-75	-0.9	-73	-70	-90	-22	0.43	65%	0.17	38.2	2.09%	0	-0.9	56	-0.6
19	Aug_8_2023	206.8	228.48	231.48	229.46	229.7	229.33	227.52(-1.57%)	N/A	N/A	0	-0.4	-35	-10	-46	-0	1.22	65%	0.19	39.9	2.09%	-1	-0.2	46	-0.7
20	Aug_7_2023	206.4	228.23	231.65	231.6	230	230.71	231.14(0.37%)	N/A	N/A	0	-0.1	-4	0	-15	28	0.56	65%	0.21	48.5	2.08%	0	0.6	53	-0.6

21	Aug_4_2023	205.96	227.81	230.87	232.7	231.78	230.07	230.28(0.3%)	UD	OpenLong	65	-0.4	2	-60	-8	31	0.97	65%	0.2	49	2.08%	-0.9	0.4	51	-1.6
22	Aug_3_2023	205.55	227.27	230.4	233.6	233.37	229.3	229.6(0.38%)	DP	OpenShort	-75	-0.7	-90	-130	-118	-5	1.14	65%	0.23	45.6	2.09%	-1.4	0.4	57	-0.7
23	Aug_2_2023	205.07	226.78	229.75	233.52	234.6	233.5	228.74(-4%)	CR	SmallShort	-20	-0.8	-75	-20	-102	5	0.48	65%	0.23	42.5	2.09%	0	0.3	61	-0.7
24	Aug_1_2023	204.59	226.47	230.02	233.63	235.06	237.45	238.26(0.68%)	UT	OpenLong	75	0.8	88	90	85	98	0.31	70%	0.29	41.2	2.03%	0	2	72	1.2
25	Jul_31_2023	203.99	225.73	228.98	231.67	232.82	235.71	236.64(0.8%)	UT	OpenLong	75	1	114	100	116	106	0.74	70%		40.1	2.05%	1.4	2.1	66	1.5
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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