US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

WDAY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $187.91 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 36.5, MACD -10.429

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $31.72 (22.69%)

Monthly

EMA Structure

Bearish
EMA 8$151.98Bearish
EMA 21$187.91Bearish
EMA 50$207.64Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.5 · MACD -10.429

Momentum is weak

Strength
Bearish
Volatility
ATR $31.72 · BB 99.54%

High volatility

Strength
Bearish
Volume
MFI 25.4 · OBV -186.11%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$110.36 - $311.28

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+145.34% · 6.4 ATR above latest close

$343
Nearest resistance

+122.65% · 5.4 ATR above · 34-bar high

$311.28
Current price

Price shown is delayed

$139.81
Nearest support

-21.06% · 0.9 ATR below · 34-bar low

$110.36
Deeper support zone

-43.75% · 1.9 ATR below latest close

$78.64
ATR zone

Latest close ± ATR14

$108.09 - $171.53

Indicators

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

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

Trend strength is active

31.7 / 9.1 / 34.7Bearish
Supertrend (10,3)

Price is above Supertrend

$35.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$188.94 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

High volatility

$31.72 (22.69%)Bearish
Bollinger Bands (20,2)

Width 99.54%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$253.35 / $119.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$108.09 / $171.53Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

Momentum

RSI (14)

Momentum is weak

36.5Bearish
MACD (12,26,9)

Histogram is negative

-10.429Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 16.3Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Weak expansion

-101.5Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.4Bearish
OBV slope

20-period OBV slope

-186.11%Bearish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

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

Trend strength is active

31.7 / 9.1 / 34.7Bearish
Supertrend (10,3)

Price is above Supertrend

$35.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$188.94 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

36.5Bearish
MACD (12,26,9)

Histogram is negative

-10.429Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 16.3Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Weak expansion

-101.5Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$31.72 (22.69%)Bearish
Bollinger Bands (20,2)

Width 99.54%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$253.35 / $119.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$108.09 / $171.53Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

25.4Bearish
OBV slope

20-period OBV slope

-186.11%Bearish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

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