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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Green day on Monday for Workiva Inc
(Updated on Jul 22, 2024)

Sell candidate since Jul 18, 2024 Loss -0.34% PDF

The Workiva Inc stock price gained 0.499% on the last trading day (Monday, 22nd Jul 2024), rising from $72.09 to $72.45. During the last trading day the stock fluctuated 2.34% from a day low at $71.25 to a day high of $72.92. The price has been going up and down for this period, and there has been a 1.56% gain for the last 2 weeks. Volume fell on the last day by -146 thousand shares and in total, 250 thousand shares were bought and sold for approximately $18.13 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 -13.94% during the next 3 months and, with a 90% probability hold a price between $56.57 and $66.19 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 Tuesday, June 18, 2024, and so far it has risen 3.18%. 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 sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $73.69 and $73.50. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Workiva Inc stock

Workiva Inc finds support from accumulated volume at $71.49 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 $1.67 between high and low, or 2.34%. For the last week the stock has had daily average volatility of 2.50%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WK) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Workiva Inc to open at $72.21, and during the day (based on 14 day Average True Range), to move between $70.49 and $74.41, which gives a possible trading interval of +/-$1.96 (+/-2.70%) up or down from last closing price. If Workiva Inc takes out the full calculated possible swing range there will be an estimated 5.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $72.99 (0.75%) than the support at $71.49 (1.33%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Workiva Inc stock A Buy?

Workiva Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.653 Sell Candidate Unchanged

Predicted Opening Price for Workiva Inc of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$72.21 ( 0.336%) $72.45

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
R3 73.88 1.97%
R2 73.24 1.09%
R1 72.84 0.545%
Price 72.45
S1 71.57 -1.22%
S2 71.17 -1.76%
S3 70.54 -2.64%

Accumulated Volume Support & Resistance Levels

Level Price
R3 81.68 12.74%
R2 74.69 3.09%
R1 72.99 0.745%
Price 72.45
S1 71.49 -1.33%
S2 70.76 -2.33%
S3 70.22 -3.08%

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 negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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 Jul 22, 2024, the price of an Workiva Inc (WK) share was $72.45.

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 $69.40.

What is the market capitalization of Workiva Inc Stock?
As of the Jul 22, 2024, the market capitalization of Workiva Inc is 3.972B.

When is the next earnings date for Workiva Inc?
The upcoming earnings date for Workiva Inc is Aug 01, 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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