US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

1 monthBearish74%
Monthly Downside probability 74%Bearish

WDAY 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $190.71 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 above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 50.5, MACD -3.811

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $36.35 (18.17%)

Monthly

EMA Structure

Bearish
EMA 8$166.2Bullish
EMA 21$190.71Bullish
EMA 50$208.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD -3.811

Neutral zone

Strength
Range
Volatility
ATR $36.35 · BB 95.34%

High volatility

Strength
Bearish
Volume
MFI 34.5 · OBV -117.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$110.36 - $311.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+73.8% · 4.1 ATR above latest close

$347.63
Nearest resistance

+55.63% · 3.1 ATR above · 34-bar high

$311.28
Current price

Price shown is delayed

$200.01
Nearest support

-44.82% · 2.5 ATR below · 34-bar low

$110.36
Deeper support zone

-62.99% · 3.5 ATR below latest close

$74.01
ATR zone

Latest close ± ATR14

$163.66 - $236.36

Indicators

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

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

Trend strength is active

31.3 / 21.5 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$72.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.55 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

High volatility

$36.35 (18.17%)Bearish
Bollinger Bands (20,2)

Width 95.34%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$270.73 / $107.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$163.66 / $236.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is negative

-3.811Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.3 / 35.2Bullish
Williams %R (14)

Neutral zone

-35.7Range
CCI (20)

Balanced zone

-10.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.5Bearish
OBV slope

20-period OBV slope

-117.01%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Trend

Dow Theory Structure

Confirmation $110.36, invalidation $249.85

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

Trend strength is active

31.3 / 21.5 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$72.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.55 / $210.82Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is negative

-3.811Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.3 / 35.2Bullish
Williams %R (14)

Neutral zone

-35.7Range
CCI (20)

Balanced zone

-10.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$36.35 (18.17%)Bearish
Bollinger Bands (20,2)

Width 95.34%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$270.73 / $107.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$163.66 / $236.36Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.5Bearish
OBV slope

20-period OBV slope

-117.01%Bearish
Volume ratio

Relative to 20-period average volume

0.86xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$311.28Range
Support

Nearest Downside Decision Level

$110.36Range

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