| WDAY latest price $85.8700 (2.34%) ($84.5800 - $86.8600) on Mon. Aug. 11, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 65 |
Latest Price | $85.8700(2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 0.2% a day on average for past five trading days. |
Weekly Trend | WDAY advances 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) QQQ(61%) XLK(61%) SPY(56%) VT(56%) XLY(56%) |
Factors Impacting WDAY price | WDAY will decline at least -1.105% in a week (0% probabilities). VIXM(-24%) UUP(-9%) TLT(-7%) SHY(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|