| WDAY latest price $226.8800 (0.76%) ($221.9000 - $228.2400) on Tue. Nov. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3% (three month average) |
RSI | 63 |
Latest Price | $226.8800(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 1.2% a day on average for past five trading days. |
Weekly Trend | WDAY advances 2.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -1.5% in a week (0% probabilities). VIXM(-37%) UUP(-27%) VXX(-14%) TBT(-11%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.5% (StdDev 3%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|