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

By Shiri Gupta

Today, shares of Workday Inc-A (NASDAQ:WDAY) have advanced above their 10-day MA of $199.44 on a volume of 142K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Workday Inc-A share prices have been bracketed by a low of $117.24 and a high of $208.33 and are now at $201.24, 72% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.9%.

SmarTrend recommended that subscribers consider buying shares of Workday Inc-A on March 20th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $192.39. Since that recommendation, shares of Workday Inc-A have risen 3.3%. We continue to monitor WDAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses workday inc-a

Ticker(s): WDAY