| WDAY latest price $227.1400 (4.8%) ($223.6000 - $230.2700) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.98% (three month average) |
RSI | 69 |
Latest Price | $227.1400(4.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 1.1% a day on average for past five trading days. |
Weekly Trend | WDAY advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) VUG(65%) SKYY(63%) XLK(63%) IVW(62%) IWF(62%) |
Factors Impacting WDAY price | WDAY will decline at least -1.49% in a week (0% probabilities). VIXM(-38%) UUP(-27%) VXX(-14%) TBT(-11%) IGOV(-3%) |
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 | -1.49% (StdDev 2.98%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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