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Workday Inc-A Bearish Moving Average Crossover Alert (WDAY)

By Shiri Gupta

Today, shares of Workday Inc-A (NASDAQ:WDAY) have crossed bearishly below their 10-day moving average of $132.65 on a volume of 179K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Workday Inc-A share prices have moved between a 52-week high of $140.00 and a 52-week low of $95.35 and are now trading 39% above that low price at $132.33 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.

SmarTrend is monitoring the recent change of momentum in Workday Inc-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Workday Inc-A in search of a potential trend change.

Keywords: moving crosses workday inc-a

Ticker(s): WDAY