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Workday Inc-A Crosses Below its 10-day MA (WDAY)

By Nick Russo

Today, shares of Workday Inc-A (NASDAQ:WDAY) have fallen below their 10-day MA of $191.62 on a volume of 185K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Workday Inc-A share prices have been bracketed by a low of $117.72 and a high of $226.39 and are now at $187.39, 59% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% 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