US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

WDAY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $124.19 and stabilize above resistance $158.61.

Invalidation Trigger

Break above $158.61 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.9, MACD -0.538

4h
Volatility EnvironmentRange
Medium volatility

ATR is $4.16 (3.49%)

4h

EMA Structure

Bearish
EMA 8$118.59Bullish
EMA 21$124.19Bearish
EMA 50$128.44Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.9 · MACD -0.538

Momentum is weak

Strength
Bearish
Volatility
ATR $4.16 · BB 25.38%

Medium volatility

Strength
Range
Volume
MFI 18.3 · OBV -46.18%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$111.52 - $158.61

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+36.56% · 10.5 ATR above latest close

$162.77
Nearest resistance

+33.07% · 9.5 ATR above · 34-bar high

$158.61
Current price

Price shown is delayed

$119.19
Nearest support

-6.44% · 1.8 ATR below · 34-bar low

$111.52
Deeper support zone

-9.92% · 2.8 ATR below latest close

$107.36
ATR zone

Latest close ± ATR14

$115.03 - $123.35

Indicators

Trend

Dow Theory Structure

Confirmation $111.52, invalidation $133.88

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

Trend strength is active

67.1 / 17.7 / 31.9Bearish
Supertrend (10,3)

Price is above Supertrend

$106.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.37 / $135.07Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Medium volatility

$4.16 (3.49%)Range
Bollinger Bands (20,2)

Width 25.38%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$132.3 / $115.39Range
ATR channel lower / upper

Current Volatility Envelope

$115.03 / $123.35Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.61Range
Support

Nearest Downside Decision Level

$111.52Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.538Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.3 / 29.3Bullish
Williams %R (14)

Neutral zone

-65.7Range
CCI (20)

Balanced zone

-57.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

18.3Bearish
OBV slope

20-period OBV slope

-46.18%Bearish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Trend

Dow Theory Structure

Confirmation $111.52, invalidation $133.88

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

Trend strength is active

67.1 / 17.7 / 31.9Bearish
Supertrend (10,3)

Price is above Supertrend

$106.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.37 / $135.07Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-0.538Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.3 / 29.3Bullish
Williams %R (14)

Neutral zone

-65.7Range
CCI (20)

Balanced zone

-57.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$4.16 (3.49%)Range
Bollinger Bands (20,2)

Width 25.38%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$132.3 / $115.39Range
ATR channel lower / upper

Current Volatility Envelope

$115.03 / $123.35Range

Volume / Money Flow

MFI (14)

Money flow is weak

18.3Bearish
OBV slope

20-period OBV slope

-46.18%Bearish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.61Range
Support

Nearest Downside Decision Level

$111.52Range

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