US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

1 monthBearish88%
Monthly Downside probability 88%Bearish

WDAY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $190.38 and stabilize above resistance $311.28.

Invalidation Trigger

Break above $311.28 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 47.7, MACD -0.975

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $36.83 (19.83%)

Monthly

EMA Structure

Bearish
EMA 8$170.8Bullish
EMA 21$190.38Bearish
EMA 50$207.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD -0.975

Neutral zone

Strength
Bearish
Volatility
ATR $36.83 · BB 93.40%

High volatility

Strength
Bearish
Volume
MFI 37.4 · OBV -112.90%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$110.36 - $311.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+87.46% · 4.4 ATR above latest close

$348.11
Nearest resistance

+67.63% · 3.4 ATR above · 34-bar high

$311.28
Current price

Price shown is delayed

$185.7
Nearest support

-40.57% · 2.0 ATR below · 34-bar low

$110.36
Deeper support zone

-60.41% · 3.0 ATR below latest close

$73.53
ATR zone

Latest close ± ATR14

$148.87 - $222.53

Indicators

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

30.1 / 21.2 / 27.0Bearish
Supertrend (10,3)

Price is above Supertrend

$77.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.55 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Volatility

ATR (14)

High volatility

$36.83 (19.83%)Bearish
Bollinger Bands (20,2)

Width 93.40%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$269.5 / $108.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$148.87 / $222.53Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is negative

-0.975Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.0 / 51.2Bullish
Williams %R (14)

Neutral zone

-46.0Range
CCI (20)

Balanced zone

-10.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.4Bearish
OBV slope

20-period OBV slope

-112.90%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

30.1 / 21.2 / 27.0Bearish
Supertrend (10,3)

Price is above Supertrend

$77.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.55 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is negative

-0.975Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.0 / 51.2Bullish
Williams %R (14)

Neutral zone

-46.0Range
CCI (20)

Balanced zone

-10.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$36.83 (19.83%)Bearish
Bollinger Bands (20,2)

Width 93.40%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$269.5 / $108.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$148.87 / $222.53Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.4Bearish
OBV slope

20-period OBV slope

-112.90%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

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