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Workday, Inc. (WDAY) Corporate Logo

Workday, Inc. (WDAY) Stock Price & Analysis

Market: NASDAQ • Sector: Technology • Industry: Software - Application

Workday, Inc. (WDAY) Profile & Business Summary

Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company's applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. It offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. The company also provides cloud spend management solutions that helps organizations to streamline supplier selection and contracts, manage indirect spend, and build and execute sourcing events, such as requests for proposals; Human Capital Management (HCM) solution, a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement, and enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. It serves professional and business services, financial services, healthcare, education, government, technology, media, retail, and hospitality industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.

Key Information

Ticker WDAY
Exchange NASDAQ
Official Site https://www.workday.com
CIK Number 0001327811
View SEC Filings

Market Trend Overview for WDAY

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-17 (ET)

As of 2026-08-17, WDAY is moving sideways without a clear direction. Over the longer term, the trend remains bearish.

WDAY last closed at 191.18. The price is about 1.7 ATR above its recent average price (180.22), and the market is currently in a sideways market without a clear direction. Price at 191.18 is moving between minor support near 173.17 and minor resistance near 227.49. Direction remains unclear. View Support & Resistance from Options

The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.

Trend Alignment Summary

Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still negative, but short-term signals are not yet confirming it.

Key Risk Level

A key downside risk boundary is near 131.64. If price falls below this area, the current structure would likely weaken further.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2026-07-02, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-08-04] Price moved quickly and looked strong, but participation was limited.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-08-17 (ET)
Next-session outlook for 2026-08-18 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because internal signals are not aligned strongly enough. Predictability is 36%, agreement is 15%, and reversal risk is 15%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-08-17 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 18 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-17. The current price is 191.18, 8.28% above the estimated average cost of 176.57. An estimated 67.3% of recent positioning is below the current price, while 31.7% is above it. The peak-density price is 168.50. The largest concentrated cost region is 164.25 to 171.75 and contains 18.0% of the estimated distribution. The current price is within the 189.75 to 192.25 cost region. The nearest region below the current price is 183.75 to 185.25. The nearest region above the current price is 196.25 to 200.25.

Short Interest & Covering Risk for WDAY

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.51

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 12.74%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) 0.15%
20-Day Return 29.86%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 56%)

Structure Analysis

WDAY Short positioning looks normal. Current days to cover is 5.1 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. No meaningful structural fragility is currently detected (Fragility Score 0/100, DTC percentile 64%) despite a strong upward price move (20D return 29.9%).

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules