WORKDAY INC. - 1H - Technical analysis published on 03/11/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 246.09 USD
My targets
235.58 USD (-2.84%)
223.69 USD (-7.74%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WORKDAY INC. as long as the price remains well below 246.09 USD. The sellers' bearish objective is set at 235.58 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 223.69 USD. In case of crossing, the next objective would be the support located at 215.56 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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Additional analysis
Quotes
The WORKDAY INC. rating is 242.46 USD. On the day, this instrument lost -0.22% and was between 241.20 USD and 244.73 USD. This implies that the price is at +0.52% from its lowest and at -0.93% from its highest.241.20
244.73
242.46
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of WORKDAY INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1 (Weekly)
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1 (Monthly)
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 215.56 | 223.69 | 235.58 | 242.46 | 246.09 | 255.19 | 260.99 |
| Change (%) | -11.09% | -7.74% | -2.84% | - | +1.50% | +5.25% | +7.64% |
| Change | -26.90 | -18.77 | -6.88 | - | +3.63 | +12.73 | +18.53 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 229.45 | 235.54 | 239.27 | 245.36 | 249.09 | 255.18 | 258.91 |
| Camarilla | 240.30 | 241.20 | 242.10 | 243.00 | 243.90 | 244.80 | 245.70 |
| Woodie | 228.27 | 234.95 | 238.09 | 244.77 | 247.91 | 254.59 | 257.73 |
| Fibonacci | 235.54 | 239.29 | 241.61 | 245.36 | 249.11 | 251.43 | 255.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 224.38 | 234.91 | 243.65 | 254.18 | 262.92 | 273.45 | 282.19 |
| Camarilla | 247.08 | 248.85 | 250.61 | 252.38 | 254.15 | 255.91 | 257.68 |
| Woodie | 223.48 | 234.46 | 242.75 | 253.73 | 262.02 | 273.00 | 281.29 |
| Fibonacci | 234.91 | 242.27 | 246.82 | 254.18 | 261.54 | 266.09 | 273.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 215.70 | 233.37 | 248.35 | 266.02 | 281.00 | 298.67 | 313.65 |
| Camarilla | 254.36 | 257.35 | 260.35 | 263.34 | 266.33 | 269.33 | 272.32 |
| Woodie | 214.37 | 232.70 | 247.02 | 265.35 | 279.67 | 298.00 | 312.32 |
| Fibonacci | 233.37 | 245.84 | 253.54 | 266.02 | 278.49 | 286.19 | 298.67 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.28 | |
| MACD (12,26,9): | -3.1800 | |
| Directional Movement: | -19.07 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 242.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 244.73 | |
| Elder Ray (13): | -1.37 | |
| Super Trend (3,10): | 251.47 | |
| Zig ZAG (10): | 243.37 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 19.64 | |
| TEMA (21): | 241.41 | |
| Williams %R (14): | -83.46 | |
| Chande Momentum Oscillator (20): | -9.13 | |
| Repulse (5,40,3): | -0.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 5.88 |
| MA7: | 251.44 | |
| MA20: | 257.82 | |
| MA50: | 258.42 | |
| MA100: | 258.10 | |
| MAexp7: | 243.54 | |
| MAexp20: | 246.62 | |
| MAexp50: | 251.59 | |
| MAexp100: | 255.36 | |
| Price / MA7: | -3.57% | |
| Price / MA20: | -5.96% | |
| Price / MA50: | -6.18% | |
| Price / MA100: | -6.06% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -1.69% | |
| Price / MAexp50: | -3.63% | |
| Price / MAexp100: | -5.05% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on WORKDAY INC.. At the time of publication of this analysis, the latest news was as follows:
- Workday Co-Presidents Robynne Sisco and Doug Robinson to Present Virtually at Two Upcoming Investor Conferences
- Workday Promotes Doug Robinson to Co-President and Barbara Larson to Chief Financial Officer
- Workday Announces Intent to Acquire VNDLY
- Workday Announces Fiscal 2022 Third Quarter Financial Results
- Workday Delivers New Innovations to Elevate the Frontline Worker Experience
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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