Workday Technical Analysis

Workday -- USA Stock  

USD 122.58  2.98  2.37%

Workday maintains Market Risk Adjusted Performance of 0.096084 and Mean Deviation of 1.61. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Workday as well as the relationship between them. Specifically you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for Workday which can be compared to its rivals. Please check out Workday Jensen Alpha and Semi Variance to decide if Workday is priced fairly providing market reflects its latest price of 122.58 per share. Given that Workday has Jensen Alpha of 0.014945, we strongly advise you confirm Workday prevalent market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Workday Technical Analysis

Time Period
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The output start index for this execution was three with a total number of output elements of thirty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Workday volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Workday Trend Analysis

Use this graph to draw trend lines for Workday. You can use it to identify possible trend reversals for Workday as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Workday price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Workday Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Workday applied against its price change over selected period. The best fit line has a slop of 0.25 % which may suggest that Workday market price will keep on failing further. It has 78 observation points and a regression sum of squares at 610.74, which is the sum of squared deviations for the predicted Workday price change compared to its average price change.

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Workday Market Strength

Workday April 25, 2018 Daily Price Condition
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