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 $187.59 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 43.2, MACD -6.001

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $32.16 (19.41%)

Monthly

EMA Structure

Bearish
EMA 8$158.57Bullish
EMA 21$187.59Bearish
EMA 50$206.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -6.001

Momentum is weak

Strength
Bearish
Volatility
ATR $32.16 · BB 97.49%

High volatility

Strength
Bearish
Volume
MFI 30.4 · OBV -144.07%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$110.36 - $311.28

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+107.28% · 5.5 ATR above latest close

$343.44
Nearest resistance

+87.87% · 4.5 ATR above · 34-bar high

$311.28
Current price

Price shown is delayed

$165.69
Nearest support

-33.39% · 1.7 ATR below · 34-bar low

$110.36
Deeper support zone

-52.8% · 2.7 ATR below latest close

$78.2
ATR zone

Latest close ± ATR14

$133.53 - $197.85

Indicators

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

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

Trend strength is active

33.7 / 11.6 / 32.7Bearish
Supertrend (10,3)

Price is above Supertrend

$60.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.39 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Volatility

ATR (14)

High volatility

$32.16 (19.41%)Bearish
Bollinger Bands (20,2)

Width 97.49%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$255.73 / $116.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$133.53 / $197.85Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-6.001Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.7 / 27.0Bullish
Williams %R (14)

Neutral zone

-60.3Range
CCI (20)

Balanced zone

-55.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.4Bearish
OBV slope

20-period OBV slope

-144.07%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

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

Trend strength is active

33.7 / 11.6 / 32.7Bearish
Supertrend (10,3)

Price is above Supertrend

$60.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.39 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

32%Bearish

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-6.001Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.7 / 27.0Bullish
Williams %R (14)

Neutral zone

-60.3Range
CCI (20)

Balanced zone

-55.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$32.16 (19.41%)Bearish
Bollinger Bands (20,2)

Width 97.49%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$255.73 / $116.34Bearish
ATR channel lower / upper

Current Volatility Envelope

$133.53 / $197.85Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.4Bearish
OBV slope

20-period OBV slope

-144.07%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

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