US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

4 hoursBullish85%
4h Upside probability 85%Bullish

WDAY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $173.17 and reclaim $211.

Invalidation Trigger

Lose $173.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 62.4, MACD -0.290

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.44 (1.72%)

4h

EMA Structure

Bullish
EMA 8$198.48Bullish
EMA 21$195.57Bullish
EMA 50$186.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.4 · MACD -0.290

Momentum is strong

Strength
Bullish
Volatility
ATR $3.44 · BB 6.81%

Low volatility

Strength
Range
Volume
MFI 42.7 · OBV -65.07%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$173.17 - $211

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.22% · 4.2 ATR above latest close

$214.44
Nearest resistance

+5.5% · 3.2 ATR above · 34-bar high

$211
Current price

Price shown is delayed

$200
Nearest support

-13.42% · 7.8 ATR below · 34-bar low

$173.17
Deeper support zone

-15.14% · 8.8 ATR below latest close

$169.72
ATR zone

Latest close ± ATR14

$196.56 - $203.44

Indicators

Trend

Dow Theory Structure

Confirmation $201.55, invalidation $193.67

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.0 / 31.0 / 18.6Bullish
Supertrend (10,3)

Price is above Supertrend

$190.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$195.24 / $186.95Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$3.44 (1.72%)Range
Bollinger Bands (20,2)

Width 6.81%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$201.88 / $189.78Range
ATR channel lower / upper

Current Volatility Envelope

$196.56 / $203.44Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$211Range
Support

Nearest Downside Decision Level

$173.17Range

Momentum

RSI (14)

Momentum is strong

62.4Bullish
MACD (12,26,9)

Histogram is negative

-0.290Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.6 / 88.3Bullish
Williams %R (14)

Overbought zone

-11.4Bearish
CCI (20)

Strong expansion

103.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.7Bearish
OBV slope

20-period OBV slope

-65.07%Bearish
Volume ratio

Relative to 20-period average volume

1.77xBullish

Trend

Dow Theory Structure

Confirmation $201.55, invalidation $193.67

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.0 / 31.0 / 18.6Bullish
Supertrend (10,3)

Price is above Supertrend

$190.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$195.24 / $186.95Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

62.4Bullish
MACD (12,26,9)

Histogram is negative

-0.290Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.6 / 88.3Bullish
Williams %R (14)

Overbought zone

-11.4Bearish
CCI (20)

Strong expansion

103.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$3.44 (1.72%)Range
Bollinger Bands (20,2)

Width 6.81%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$201.88 / $189.78Range
ATR channel lower / upper

Current Volatility Envelope

$196.56 / $203.44Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.7Bearish
OBV slope

20-period OBV slope

-65.07%Bearish
Volume ratio

Relative to 20-period average volume

1.77xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$211Range
Support

Nearest Downside Decision Level

$173.17Range

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