WORKDAY INC. - Weekly - Technical analysis published on 03/14/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 243.88 USD
My targets
198.96 USD (-10.23%)
152.29 USD (-31.29%)
My analysis
In the short term, we can see an acceleration in the bearish trend on WORKDAY INC., which is a positive signal for sellers. As long as the price remains above 243.88 USD, a sale could be considered. The first bearish objective is located at 198.96 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 152.29 USD as an objective. Crossing it would then enable sellers to target 114.40 USD. If the price were to return above 243.88 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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Additional analysis
Quotes
The WORKDAY INC. rating is 221.63 USD. The price is lower by -1.24% over the 5 days and was traded between 224.69 USD and 232.29 USD over the period. The price is currently at -1.36% from its lowest point and -4.59% from its highest point.224.69
232.29
221.63
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Weekly chart of WORKDAY INC. indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Weekly
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 114.40 | 152.29 | 198.96 | 221.63 | 224.30 | 243.88 | 265.93 |
Change (%) | -48.38% | -31.29% | -10.23% | - | +1.20% | +10.04% | +19.99% |
Change | -107.23 | -69.34 | -22.67 | - | +2.67 | +22.25 | +44.30 |
Level | Major | Intermediate | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 214.70 | 219.70 | 222.30 | 227.30 | 229.90 | 234.90 | 237.50 |
Camarilla | 222.82 | 223.52 | 224.21 | 224.91 | 225.61 | 226.30 | 227.00 |
Woodie | 213.51 | 219.10 | 221.11 | 226.70 | 228.71 | 234.30 | 236.31 |
Fibonacci | 219.70 | 222.60 | 224.39 | 227.30 | 230.20 | 231.99 | 234.90 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 186.81 | 201.28 | 213.10 | 227.57 | 239.39 | 253.86 | 265.68 |
Camarilla | 217.68 | 220.09 | 222.50 | 224.91 | 227.32 | 229.73 | 232.14 |
Woodie | 185.48 | 200.62 | 211.77 | 226.91 | 238.06 | 253.20 | 264.35 |
Fibonacci | 201.28 | 211.33 | 217.53 | 227.57 | 237.62 | 243.82 | 253.86 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 153.20 | 179.55 | 204.30 | 230.65 | 255.40 | 281.75 | 306.50 |
Camarilla | 215.00 | 219.68 | 224.37 | 229.05 | 233.73 | 238.42 | 243.10 |
Woodie | 152.40 | 179.15 | 203.50 | 230.25 | 254.60 | 281.35 | 305.70 |
Fibonacci | 179.55 | 199.07 | 211.13 | 230.65 | 250.17 | 262.23 | 281.75 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 38.71 | |
MACD (12,26,9): | -9.8100 | |
Directional Movement: | -10.14 | |
AROON (14): | -78.57 | |
DEMA (21): | 234.93 | |
Parabolic SAR (0,02-0,02-0,2): | 250.00 | |
Elder Ray (13): | -13.68 | |
Super Trend (3,10): | 274.95 | |
Zig ZAG (10): | 221.45 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 29.02 | |
TEMA (21): | 222.84 | |
Williams %R (14): | -79.74 | |
Chande Momentum Oscillator (20): | -56.25 | |
Repulse (5,40,3): | -6.0300 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.2700 | |
Courbe Coppock: | 35.87 |
MA7: | 227.60 | |
MA20: | 228.14 | |
MA50: | 238.93 | |
MA100: | 260.47 | |
MAexp7: | 230.51 | |
MAexp20: | 244.96 | |
MAexp50: | 246.94 | |
MAexp100: | 232.20 | |
Price / MA7: | -2.62% | |
Price / MA20: | -2.85% | |
Price / MA50: | -7.24% | |
Price / MA100: | -14.91% | |
Price / MAexp7: | -3.85% | |
Price / MAexp20: | -9.52% | |
Price / MAexp50: | -10.25% | |
Price / MAexp100: | -4.55% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on WORKDAY INC. at the time of the generation of this analysis was as follows:
- Workday Co-Presidents Robynne Sisco and Doug Robinson to Present Virtually at Two Upcoming Investor Conferences
- Workday Announces Intent to Acquire VNDLY
- Workday Promotes Doug Robinson to Co-President and Barbara Larson to Chief Financial Officer
- Workday Announces Fiscal 2022 Third Quarter Financial Results
- Workday Delivers New Innovations to Elevate the Frontline Worker Experience
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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