WORKDAY INC. - 1H - Technical analysis published on 07/01/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
67%
6%
28%
My opinion
Bullish above 237.75 USD
My targets
243.88 USD (+1.73%)
252.85 USD (+5.47%)
My analysis
The strong short-term increase of WORKDAY INC. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 237.75 USD, a purchase could be considered. The first bullish objective is located at 243.88 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 252.85 USD. If there is any crossing, the next objective would be the resistance at 257.09 USD. Caution, if there is a return under 237.75 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WORKDAY INC. rating 239.74 USD. The price is lower by -0.11% since the last closing and was between 236.42 USD and 241.00 USD. This implies that the price is at +1.40% from its lowest and at -0.52% from its highest.236.42
241.00
239.74
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WORKDAY INC. in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 223.69 | 230.06 | 237.75 | 239.74 | 243.88 | 252.85 | 257.09 |
| Change (%) | -6.69% | -4.04% | -0.83% | - | +1.73% | +5.47% | +7.24% |
| Change | -16.05 | -9.68 | -1.99 | - | +4.14 | +13.11 | +17.35 |
| Level | Major | Minor | Major | - | Minor | 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 | 235.24 | 236.55 | 238.28 | 239.59 | 241.32 | 242.63 | 244.36 |
| Camarilla | 239.16 | 239.44 | 239.72 | 240.00 | 240.28 | 240.56 | 240.84 |
| Woodie | 235.44 | 236.66 | 238.48 | 239.70 | 241.52 | 242.74 | 244.56 |
| Fibonacci | 236.55 | 237.72 | 238.43 | 239.59 | 240.76 | 241.47 | 242.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 221.16 | 225.61 | 231.49 | 235.94 | 241.82 | 246.27 | 252.15 |
| Camarilla | 234.53 | 235.48 | 236.42 | 237.37 | 238.32 | 239.26 | 240.21 |
| Woodie | 221.88 | 225.97 | 232.21 | 236.30 | 242.54 | 246.63 | 252.87 |
| Fibonacci | 225.61 | 229.56 | 231.99 | 235.94 | 239.89 | 242.32 | 246.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 200.65 | 215.35 | 227.68 | 242.38 | 254.71 | 269.41 | 281.74 |
| Camarilla | 232.57 | 235.05 | 237.52 | 240.00 | 242.48 | 244.96 | 247.43 |
| Woodie | 199.46 | 214.76 | 226.49 | 241.79 | 253.52 | 268.82 | 280.55 |
| Fibonacci | 215.35 | 225.68 | 232.06 | 242.38 | 252.71 | 259.09 | 269.41 |
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): | 55.16 | |
| MACD (12,26,9): | 0.4800 | |
| Directional Movement: | 2.99 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 239.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 236.42 | |
| Elder Ray (13): | 0.53 | |
| Super Trend (3,10): | 234.96 | |
| Zig ZAG (10): | 239.41 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 68.82 | |
| TEMA (21): | 239.88 | |
| Williams %R (14): | -31.22 | |
| Chande Momentum Oscillator (20): | 2.13 | |
| Repulse (5,40,3): | 0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.60 |
| MA7: | 237.64 | |
| MA20: | 244.12 | |
| MA50: | 248.08 | |
| MA100: | 247.66 | |
| MAexp7: | 239.25 | |
| MAexp20: | 238.67 | |
| MAexp50: | 238.94 | |
| MAexp100: | 241.71 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | -1.79% | |
| Price / MA50: | -3.36% | |
| Price / MA100: | -3.20% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.45% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | -0.82% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on WORKDAY INC. at the time of the analysis were as follows:
- Workday Co-Presidents Robynne Sisco and Doug Robinson to Present Virtually at Two Upcoming Investor Conferences
- Workday Announces Intent to Acquire VNDLY
- Workday Announces Fiscal 2022 Third Quarter Financial Results
- Workday Promotes Doug Robinson to Co-President and Barbara Larson to Chief Financial Officer
- 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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