| WDAY latest price $238.2600 (0.68%) ($238.2600 - $238.2600) on Tue. Aug. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 72 |
Latest Price | $238.2600(0.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | WDAY advances 0.9% a day on average for past five trading days. |
Weekly Trend | WDAY advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support WDAY advance at 0% a week (0% probability) SKYY(63%) QQQ(60%) SPY(60%) IVW(59%) IPO(58%) |
Factors Impacting WDAY price | WDAY will decline at least -1.015% in a week (0% probabilities). VIXM(-46%) VXX(-39%) TBT(-24%) UUP(-12%) IGOV(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.015% (StdDev 2.03%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|