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 $191.64 and stabilize above resistance $208.3.

Invalidation Trigger

Break above $208.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.5, MACD 0.149

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.81 (1.49%)

4h

EMA Structure

Bearish
EMA 8$189.44Bearish
EMA 21$191.64Bearish
EMA 50$194.75Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.5 · MACD 0.149

Momentum is weak

Strength
Bearish
Volatility
ATR $2.81 · BB 6.02%

Low volatility

Strength
Bullish
Volume
MFI 30.8 · OBV -0.22%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$185.78 - $208.3

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.29% · 8.2 ATR above latest close

$211.11
Nearest resistance

+10.8% · 7.2 ATR above · 34-bar high

$208.3
Current price

Price shown is delayed

$188
Nearest support

-1.18% · 0.8 ATR below · 34-bar low

$185.78
Deeper support zone

-2.67% · 1.8 ATR below latest close

$182.97
ATR zone

Latest close ± ATR14

$185.19 - $190.81

Indicators

Trend

Dow Theory Structure

Confirmation $192.82, invalidation $185.78

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.5 / 16.4 / 18.8Bearish
Supertrend (10,3)

Price is above Supertrend

$180.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.47 / $197.54Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$2.81 (1.49%)Bullish
Bollinger Bands (20,2)

Width 6.02%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$197.2 / $185.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$185.19 / $190.81Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$208.3Range
Support

Nearest Downside Decision Level

$185.78Range

Momentum

RSI (14)

Momentum is weak

39.5Bearish
MACD (12,26,9)

Histogram is positive

0.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.3 / 37.4Bearish
Williams %R (14)

Neutral zone

-75.7Range
CCI (20)

Balanced zone

-73.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.8Bearish
OBV slope

20-period OBV slope

-0.22%Bearish
Volume ratio

Relative to 20-period average volume

1.46xBullish

Trend

Dow Theory Structure

Confirmation $192.82, invalidation $185.78

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.5 / 16.4 / 18.8Bearish
Supertrend (10,3)

Price is above Supertrend

$180.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.47 / $197.54Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

39.5Bearish
MACD (12,26,9)

Histogram is positive

0.149Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.3 / 37.4Bearish
Williams %R (14)

Neutral zone

-75.7Range
CCI (20)

Balanced zone

-73.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.81 (1.49%)Bullish
Bollinger Bands (20,2)

Width 6.02%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$197.2 / $185.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$185.19 / $190.81Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.8Bearish
OBV slope

20-period OBV slope

-0.22%Bearish
Volume ratio

Relative to 20-period average volume

1.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$208.3Range
Support

Nearest Downside Decision Level

$185.78Range

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