| WDAY latest price $223.5750 (-1.46%) ($222.3600 - $228.2100) on Wed. Nov. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 55 |
Latest Price | $223.5750(-1.46%) |
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 2.7% 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(65%) SKYY(63%) XLK(63%) IVW(62%) IWF(62%) |
Factors Impacting WDAY price | WDAY will decline at least -1.495% 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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|