Workday Technical Analysis

Workday Inc -- USA Stock  

USD 115.3  1.19  1.04%

Workday Inc maintains Market Risk Adjusted Performance of (1.38), Mean Deviation of 1.1 and Downside Deviation of 1.27. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Workday Inc 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 Inc which can be compared to its rivals. Please check out Workday Inc Jensen Alpha and Semi Variance to decide if Workday Inc is priced fairly providing market reflects its latest price of 115.3 per share. Given that Workday Inc has Jensen Alpha of 0.6002, we strongly advise you confirm Workday Inc prevalent market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Workday Inc Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of five. 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 Inc 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 Inc Trend Analysis

Use this graph to draw trend lines for Workday Inc. 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 Inc applied against its price change over selected period. The best fit line has a slop of 0.81 % which means Workday Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 531.69, which is the sum of squared deviations for the predicted Workday price change compared to its average price change.

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Workday Inc is rated second in mean deviation category among related companies. It is rated first in standard deviation category among related companies creating about  1.37  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Workday Inc is roughly  1.37 

Workday Market Strength

Workday January 23, 2018 Daily Price Condition