| WDAY latest price $190.8000 (1.2%) ($190.3950 - $194.6500) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 67 |
Latest Price | $190.8000(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 0.4% a day on average for past five trading days. |
Weekly Trend | WDAY advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) VUG(65%) SKYY(63%) IWF(62%) XLK(62%) IVW(61%) |
Factors Impacting WDAY price | WDAY will decline at least -1.495% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-14%) TBT(-10%) IYT(-4%) |
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 | -1.495% (StdDev 2.99%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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