Workday (WDAY) Shares are Up 7.1%

Workday (WDAY) : Traders are bullish on Workday (WDAY) as it has outperformed the S&P 500 by a wide margin of 7.23% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.1% in the last 1 week, and is up 7.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.42% and the 50-Day Moving Average is 11.33%.The 200 Day SMA reached 18.65%. Workday, Inc. is up 8.72% in the last 3-month period. Year-to-Date the stock performance stands at 11.67%.


Workday (NYSE:WDAY): After opening at $87.29, the stock dipped to an intraday low of $86.85 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $89.4 and the buying power remained strong till the end. The stock closed at $88.98 for the day, a gain of 1.24% for the day session. The total traded volume was 2,471,115. The stocks close on the previous trading day was $87.89.

Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for a range of companies, educational institutions and government agencies. The Companys applications include Workday Financial Management, Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff, pay, organize, and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.

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