workday technical analysis charts

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June 23, 2016 WDAY: Workday technical analysis charts On Wednesday, compared to Tuesday, price action opened lower (79.12, vs Tuesday's close of 79.41), saw a lower high (79.46, vs Tuesday's high of 80.07) and lower low (78.12, vs Tuesday's low of 79.01); and closed lower (78.21, vs Tuesday's close of 79.41). The day's range was 134 ticks. On the DAILY BOLLINGER BANDS CHART below, Wednesday represents the 2nd consecutive entire day below the middle of the Bollinger Band envelope (78.97), generating a negative signal towards the middle of the envelope The Bollinger Bands (75.80-82.13) are converging; and narrowed from a width of 655 ticks on Tuesday to a width of 633 ticks on Wednesday. The RSI (51.12) below is in neutral mode between the key 20 (oversold) and 80 (overbought) levels.

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Page 1: Workday technical analysis charts

June 23, 2016

WDAY: Workday technical analysis charts

On Wednesday, compared to Tuesday, price action opened lower (79.12, vs

Tuesday's close of 79.41), saw a lower high (79.46, vs Tuesday's high of 80.07) and

lower low (78.12, vs Tuesday's low of 79.01); and closed lower (78.21, vs

Tuesday's close of 79.41). The day's range was 134 ticks.

On the DAILY BOLLINGER BANDS CHART below, Wednesday represents the 2nd

consecutive entire day below the middle of the Bollinger Band envelope (78.97),

generating a negative signal towards the middle of the envelope The Bollinger

Bands (75.80-82.13) are converging; and narrowed from a width of 655 ticks on

Tuesday to a width of 633 ticks on Wednesday.

The RSI (51.12) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

Page 2: Workday technical analysis charts

June 23, 2016

The MACD 12 day moving average is below the MACD 26 day moving average;

both are above zero.

The Slow Stochastics, below, are in negative mode, with the K line below the D

line.

The Commodity Channel Index (-13.05), below, is in positive mode above the

oversold -200 level.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell away

from the bottom of the 20 day moving average envelope (78.97). The parameters

of the envelope (76.60-81.34) are pointing higher.

Page 3: Workday technical analysis charts

June 23, 2016

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (78.97, moving down) is above the 20 day moving average (78.97, moving

up), in positive mode. The 3-50 day strip of moving averages ranges from the 40

day moving average (76.03) at the bottom of the range to the 10 day moving

average (79.23) at the top of the range.

The Parabolic Stop and Reverse (77.50) below is in the 14th day of buy mode.

Page 4: Workday technical analysis charts

June 23, 2016

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 6th

consecutive entire week below the top Bollinger Band (88.14). The Bollinger

Bands (56.60-88.14) are converging; contracting from a width of 3,474 ticks on

Tuesday to a width of 3,154 ticks on Wednesday.