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Takip Edin: @UscMarketsWDAY Stock Forecast & Workday Chart Analysis
This article provides a detailed analysis of WDAY-Workday stock including a forecast for WDAY shares. It features Workday, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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WDAY Historical Data Review
WDAY Current Price Performance Analysis
The Workday - WDAY stock traded on the American stock market, on 06-05-2024, closed at 212.46$ with a %0.63 increased compared to the previous day.
In the last month, the price of WDAY changed by %-14.99 decreased in value, from 249.91 dollars on 05-06-2024 to 212.46 dollars, decreased.
Last year, the price of WDAY was 215.0 dollars on 06-06-2023, and changed by %-1.18 decreased in value, to 212.46 dollars decreased within a year.
The price of Workday stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
WDAY with AI Stock Forecast & Price Target
On the WDAY chart Workday price was recorded as 212.46 Dollars on 06/05/2024.
The artificial intelligence's forecast on WDAY stock is as follows.
The artificial intelligence's prediction error margin for WDAY stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Workday stock over the next 4 months is: 314.4 Dollars.
The commentary on WDAY stock Target Price: Highest: 367.505 Dollars is predicted.
The commentary on WDAY stock Target Price: Lowest: 265.367 Dollars is predicted.
Resistance Price where Workday stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 266.312 |
| 07-30-2024 | 276.093 |
| 08-14-2024 | 276.194 |
| 11-22-2024 | 323.073 |
| 02-20-2025 | 367.505 |
Support Price where Workday stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 265.367 |
| 08-09-2024 | 276.088 |
| 08-19-2024 | 275.589 |
| 12-02-2024 | 322.064 |
| 03-27-2025 | 334.176 |
The commentary on WDAY stock: The target price can generally be said to be on the rise.
The commentary on WDAY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Workday stock by the end of 2024 is predicted to be 331.27 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WDAY stock, and the 2024 target price predictions for Workday are detailed above.
The technical analysis and charts for the commentary on WDAY stock are below.
WDAY Support & Resistance and Trend Analysis
WDAY stock you have reviewed the technical analysis support resistance charts regarding.
WDAY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WDAY review, the Workday support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Workday Support and Resistance Prices:
| WDAY Support Level Price | WDAY Resistance Level Price |
|---|---|
| 219.39 | 259.34 |
| 241.14 | 259.80 |
| 262.56 | 263.66 |
| 263.88 | 277.63 |
| 269.64 | 279.83 |
| 284.63 | 280.26 |
| 289.25 | 308.95 |
| 311.28 |
WDAY Technical Analysis: SMA, RSI, MACD
Upon reviewing the WDAY chart, buy and sell signals have been generated in the Workday technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for WDAY stock are as follows:- WDAY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Workday gave a 'Buy' signal when the RSI was at 26.214, with the current RSI value at 22.482.
- The technical analysis for Workday indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Workday stock: Click here to read more predictions on Cadence Design Systems stock.
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