| WDAY latest price $191.6000 (3.41%) ($184.9540 - $192.0000) on Tue. Aug. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 58 |
Latest Price | $191.6000(3.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 1.6% a day on average for past five trading days. |
Weekly Trend | WDAY advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -1.18% in a week (0% probabilities). VIXM(-36%) UUP(-28%) VXX(-14%) TBT(-10%) IYT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.18% (StdDev 2.36%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|