WORKDAY INC.
WORKDAY INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: WDAY
ISIN:

WORKDAY INC. - Daily - Technical analysis published on 10/07/2019 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 185.73 USD
My targets
167.39 USD (-3.73%)
156.69 USD (-9.89%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 185.73 USD remains possible. It is advisable to trade WORKDAY INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 185.73 USD. The next bearish objective for sellers is set at 167.39 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 156.69 USD. In case of crossing, the next objective would be the support located at 142.41 USD. PS: if there is a bullish break in the resistance located at 185.73 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
0.9

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The WORKDAY INC. price is 173.88 USD. The price has increased by +1.04% since the last closing with the lowest point at 170.10 USD and the highest point at 175.46 USD. The deviation from the price is +2.22% for the low point and -0.90% for the high point.

170.10
175.46
173.88

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this WORKDAY INC. chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Downside Tasuki gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 142.41 156.69 167.39 173.88 185.73 197.93 213.32
Change (%) -18.10% -9.89% -3.73% - +6.82% +13.83% +22.68%
Change -31.47 -17.19 -6.49 - +11.85 +24.05 +39.44
Level Minor Intermediate Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard157.88160.82166.45169.39175.02177.96183.59
Camarilla169.73170.52171.30172.09172.88173.66174.45
Woodie159.24161.49167.81170.06176.38178.63184.95
Fibonacci160.82164.09166.11169.39172.66174.68177.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard148.87156.06162.36169.55175.85183.04189.34
Camarilla164.94166.18167.41168.65169.89171.12172.36
Woodie148.42155.84161.91169.33175.40182.82188.89
Fibonacci156.06161.22164.40169.55174.71177.89183.04


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard147.78155.52162.74170.48177.70185.44192.66
Camarilla165.85167.22168.59169.96171.33172.70174.07
Woodie147.52155.39162.48170.35177.44185.31192.40
Fibonacci155.52161.24164.77170.48176.20179.73185.44

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 48.37
MACD (12,26,9): -3.5000
Directional Movement: -5.37
AROON (14): -28.57
DEMA (21): 167.81
Parabolic SAR (0,02-0,02-0,2): 163.26
Elder Ray (13): 1.23
Super Trend (3,10): 182.62
Zig ZAG (10): 173.88
VORTEX (21): 0.9700
Stochastique (14,3,5): 54.12
TEMA (21): 169.43
Williams %R (14): -21.62
Chande Momentum Oscillator (20): -1.63
Repulse (5,40,3): 3.9400
ROCnROLL: -1
TRIX (15,9): -0.3600
Courbe Coppock: 2.06
MA7: 170.51
MA20: 171.61
MA50: 182.77
MA100: 196.80
MAexp7: 170.99
MAexp20: 173.13
MAexp50: 181.73
MAexp100: 187.85
Price / MA7: +1.98%
Price / MA20: +1.32%
Price / MA50: -4.86%
Price / MA100: -11.65%
Price / MAexp7: +1.69%
Price / MAexp20: +0.43%
Price / MAexp50: -4.32%
Price / MAexp100: -7.44%

This member declared not having a position on this financial instrument or a related financial instrument.

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