• Return to Headlines

After Yesterday's Rally of 3.27% Shares Could Potentially Pullback

By Amy Schwartz

Workday Inc-A (NYSE:WDAY) traded in a range yesterday that spanned from a low of $111.76 to a high of $114.09. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $110.06 on volume of 1.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Workday Inc-A on December 8th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $105.10. Since that recommendation, shares of Workday Inc-A have risen 4.4%. We continue to monitor WDAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Workday Inc-A have traded between a low of $65.79 and a high of $116.89 and are now at $113.18, which is 72% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.7%.

Keywords: rebounders workday inc-a

Ticker(s): WDAY