Here’s Why Workday, Inc. (NASDAQ:WDAY) Dropped -0.9%

In its latest trading session, Workday, Inc. (NASDAQ:WDAY) dropped by -0.9% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 24.286, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.044, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 3.648, an Accumulation/Distribution Index (ADI) of 3.648, an On-Balance Volume (OBV) of 10679.7, and a Chaiikin Money Flow (CMF) of -167.16. 63.364

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So there you have it – our analysis of Workday, Inc. (NASDAQ:WDAY). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.