US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

1 monthBearish84%
Monthly Downside probability 84%Bearish

WDAY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $191.38 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 StateRange
Momentum mixed

RSI 48.6, MACD 3.125

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $36.26 (19.02%)

Monthly

EMA Structure

Bearish
EMA 8$180.52Bullish
EMA 21$191.38Bearish
EMA 50$206.46Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.6 · MACD 3.125

Neutral zone

Strength
Range
Volatility
ATR $36.26 · BB 89.08%

High volatility

Strength
Bearish
Volume
MFI 36.1 · OBV -112.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$110.36 - $311.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+82.3% · 4.3 ATR above latest close

$347.54
Nearest resistance

+63.28% · 3.3 ATR above · 34-bar high

$311.28
Current price

Price shown is delayed

$190.64
Nearest support

-42.11% · 2.2 ATR below · 34-bar low

$110.36
Deeper support zone

-61.13% · 3.2 ATR below latest close

$74.1
ATR zone

Latest close ± ATR14

$154.38 - $226.9

Indicators

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $227.49

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

Trend strength is active

28.6 / 18.6 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$80.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.55 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Volatility

ATR (14)

High volatility

$36.26 (19.02%)Bearish
Bollinger Bands (20,2)

Width 89.08%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$268.53 / $112.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$154.38 / $226.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is positive

3.125Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.6 / 59.6Bearish
Williams %R (14)

Neutral zone

-41.4Range
CCI (20)

Balanced zone

1.3Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.1Bearish
OBV slope

20-period OBV slope

-112.57%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $227.49

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

Trend strength is active

28.6 / 18.6 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$80.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.55 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

48%Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is positive

3.125Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.6 / 59.6Bearish
Williams %R (14)

Neutral zone

-41.4Range
CCI (20)

Balanced zone

1.3Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$36.26 (19.02%)Bearish
Bollinger Bands (20,2)

Width 89.08%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$268.53 / $112.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$154.38 / $226.9Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.1Bearish
OBV slope

20-period OBV slope

-112.57%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

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