TTM Squeeze Alert: WDAY Primed for Big Move at $218.99
NeutralWorkday Inc (WDAY) closed down 0.78% at $218.99 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($218.43). The 21-day EMA sits at $219.70.
Momentum
RSI at 47.8 is in neutral territory but trending higher. MACD is bullish (-1.79 vs signal -2.30).
Volatility
Stock has been in a TTM Squeeze for 8 days, indicating compressed volatility and potential for a significant move.
Key levels to watch: Support at $211.64, Resistance at $224.96.