US stock / ETF

Workday, Inc.

WDAY · NASDAQ · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

WDAY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $188.64 and stabilize above resistance $197.89.

Invalidation Trigger

Break above $197.89 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.9, MACD -0.231

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.65 (1.96%)

4h

EMA Structure

Bearish
EMA 8$187.4Bearish
EMA 21$188.64Bearish
EMA 50$190.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD -0.231

Momentum is weak

Strength
Bearish
Volatility
ATR $3.65 · BB 4.81%

Low volatility

Strength
Range
Volume
MFI 48.4 · OBV 0.88%

Relative to 20-period average volume

Strength
Range
Price Levels
$181.01 - $197.89

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.27% · 4.2 ATR above latest close

$201.54
Nearest resistance

+6.31% · 3.2 ATR above · 34-bar high

$197.89
Current price

Price shown is delayed

$186.14
Nearest support

-2.76% · 1.4 ATR below · 34-bar low

$181.01
Deeper support zone

-4.72% · 2.4 ATR below latest close

$177.36
ATR zone

Latest close ± ATR14

$182.49 - $189.79

Indicators

Trend

Dow Theory Structure

Confirmation $188.61, invalidation $184.2

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

Trend strength is active

49.5 / 15.7 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$175.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$190.25 / $190.39Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

Low volatility

$3.65 (1.96%)Range
Bollinger Bands (20,2)

Width 4.81%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$195.9 / $181.24Range
ATR channel lower / upper

Current Volatility Envelope

$182.49 / $189.79Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.89Range
Support

Nearest Downside Decision Level

$181.01Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.231Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 33.6Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Weak expansion

-100.3Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

0.88%Bullish
Volume ratio

Relative to 20-period average volume

1.02xRange

Trend

Dow Theory Structure

Confirmation $188.61, invalidation $184.2

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

Trend strength is active

49.5 / 15.7 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$175.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$190.25 / $190.39Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.231Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 33.6Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Weak expansion

-100.3Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$3.65 (1.96%)Range
Bollinger Bands (20,2)

Width 4.81%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$195.9 / $181.24Range
ATR channel lower / upper

Current Volatility Envelope

$182.49 / $189.79Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

0.88%Bullish
Volume ratio

Relative to 20-period average volume

1.02xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$197.89Range
Support

Nearest Downside Decision Level

$181.01Range

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