| WDAY latest price $159.8750 (-4.04%) ($159.5800 - $168.4200) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 64 |
Latest Price | $159.8750(-4.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 1% a day on average for past five trading days. |
Weekly Trend | WDAY advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) VUG(64%) SKYY(63%) XLK(62%) IVW(61%) IWF(61%) |
Factors Impacting WDAY price | WDAY will decline at least -2.345% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-15%) TBT(-9%) IYT(-1%) |
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 | -2.345% (StdDev 4.69%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
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