| WDAY latest price $160.7600 (5.62%) ($154.2250 - $162.0450) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 59 |
Latest Price | $160.7600(5.62%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) VUG(65%) SKYY(64%) IWF(62%) XLK(62%) IVW(61%) |
Factors Impacting WDAY price | WDAY will decline at least -2.325% in a week (0% probabilities). VIXM(-38%) UUP(-27%) VXX(-15%) TBT(-9%) IYT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.325% (StdDev 4.65%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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