Workday Inc (WDAY) stock has risen 1.30% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
Click Here to get the full Stock Score Report on Workday Inc (WDAY) Stock.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With WDAY Stock Today?
Workday Inc (WDAY) stock is higher by 1.72% while the S&P 500 has fallen -0.81% as of 10:46 AM on Thursday, Jan 30. WDAY has gained $3.16 from the previous closing price of $183.61 on volume of 361,140 shares. Over the past year the S&P 500 has risen 22.99% while WDAY has gained 12.05%. WDAY lost -$2.03 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Workday Inc click here.