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Market Impact: 0.35

Workday stock sell-off is irrational, but monthly chart points to a steeper crash

WDAY
Market Technicals & FlowsInvestor Sentiment & PositioningCompany FundamentalsDerivatives & VolatilityTechnology & Innovation

Workday shares have tumbled 61.95% from their all-time high and are trading at their lowest level since April 2020. The stock has declined for four consecutive months, reflecting sustained bearish sentiment and elevated volatility for the name.

Analysis

Workday shares have tumbled 61.95% from their all-time high and are trading at their lowest level since April 2020. The stock has declined for four consecutive months, reflecting sustained bearish sentiment and elevated volatility for the name.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.65

Ticker Sentiment

WDAY-0.65