RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of WK
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Workiva Inc stock price ended at $84.80 on Thursday, after gaining 0.510%.
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 0.51% PDF

The Workiva Inc stock price gained 0.510% on the last trading day (Thursday, 28th Mar 2024), rising from $84.37 to $84.80. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.82% from a day low at $84.47 to a day high of $86.01. The price has risen in 6 of the last 10 days and is up by 3.16% over the past 2 weeks. Volume fell on the last day by -14 thousand shares and in total, 294 thousand shares were bought and sold for approximately $24.94 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -15.01% during the next 3 months and, with a 90% probability hold a price between $64.08 and $74.61 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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WK Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 21, 2024, and so far it has risen 3.40%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Workiva Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $86.62. On a fall, the stock will find some support from the short-term average at $84.01. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Workiva Inc stock

Workiva Inc finds support from accumulated volume at $84.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.54 between high and low, or 1.82%. For the last week the stock has had daily average volatility of 2.09%.

Our recommended stop-loss: $80.43 (-5.15%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (WK) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Workiva Inc to open at $85.09, and during the day (based on 14 day Average True Range), to move between $82.48 and $87.12, which gives a possible trading interval of +/-$2.32 (+/-2.74%) up or down from last closing price. If Workiva Inc takes out the full calculated possible swing range there will be an estimated 5.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $84.75 (0.06%) than the resistance at $84.98 (0.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Workiva Inc stock A Buy?

Workiva Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.056 Hold/Accumulate Unchanged

Predicted Opening Price for Workiva Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$85.09 ( 0.346%) $84.80

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for WK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 86.63 2.16 %
R2 86.05 1.47 %
R1 85.68 1.04 %
Current price: 84.80
Support S1 84.51 -0.348 %
S2 84.14 -0.776 %
S3 83.55 -1.47 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 94.19 11.07 %
R2 86.16 1.60 %
R1 84.98 0.212 %
Current price 84.80
Support S1 84.75 -0.0590%
S2 83.93 -1.03%
S3 82.01 -3.29%

FAQ

What is the symbol for Workiva Inc Stock and on which exchange is it traded?
The symbol for Workiva Inc is WK and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Workiva Inc Stock?
Workiva Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Workiva Inc Stock?
Workiva Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Workiva Inc Stock.

What's the current price of Workiva Inc Stock?
As of the end of day on the 2024-03-28, the price of an Workiva Inc (WK) share was $84.80.

What is the 52-week high and low for Workiva Inc Stock?
The 52-week high for Workiva Inc Stock is $116.00 and the 52-week low is $80.50.

What is the market capitalization of Workiva Inc Stock?
As of the 2024-03-28, the market capitalization of Workiva Inc is 4.641B.

When is the next earnings date for Workiva Inc?
The upcoming earnings date for Workiva Inc is May 07, 2024.
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About Workiva Inc

Workiva Workiva Inc., together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail services; and provides tools that enables customers to connect data from enterprise resource planning, governance risk and compliance, human capital managem... WK Profile

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