DAYDayforce, Inc.
Dayforce, Inc. NYSE
Trading Signals
Overall Signal
SELL
Strong sellish signal based on multiple indicators.
Key Price Levels
Support Levels
- Strong Support $51.18
- Medium Support $52.86
- Weak Support $54.55
Resistance Levels
- Weak Resistance $57.93
- Medium Resistance $59.62
- Strong Resistance $61.3
Stop Loss Suggestions
- Conservative $60.88
- Moderate $58.77
- Aggressive $60.46
Signal Breakdown
Indicator | Signal | Strength | Timeframe |
---|---|---|---|
Moving Averages | SELL |
|
Short & Medium Term |
Oscillators | SELL |
|
Short Term |
Trend Indicators | SELL |
|
Short & Medium Term |
Volume Indicators | SELL |
|
Short & Medium Term |
Support/Resistance | NEUTRAL |
|
Short Term |
Stock Price Prediction
Price Target Probabilities
Quarterly Outlook
Bullish Scenario
21.86% ProbabilityStrong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (29.08) indicates a strong trend. -DI > +DI suggests strong bearish directional bias. RSI (46.92) is in bearish territory, indicating downward momentum. MACD line (-2.33) is above Signal line (-2.38) (bullish crossover), confirming upward momentum. Current Weekly ATR is 4.85, indicating the average weekly price range.
Base Scenario
44.19% ProbabilityPrice is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (29.08) indicates a strong trend. -DI > +DI suggests strong bearish directional bias. RSI (46.92) is in bearish territory, indicating downward momentum. MACD line (-2.33) is above Signal line (-2.38) (bullish crossover), confirming upward momentum. Current Weekly ATR is 4.85, indicating the average weekly price range.
Bearish Scenario
33.95% ProbabilityIncreased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (29.08) indicates a strong trend. -DI > +DI suggests strong bearish directional bias. RSI (46.92) is in bearish territory, indicating downward momentum. MACD line (-2.33) is above Signal line (-2.38) (bullish crossover), confirming upward momentum. Current Weekly ATR is 4.85, indicating the average weekly price range.
Annual Outlook
Bullish Scenario
21.86% ProbabilityLong-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (29.08) indicates a strong trend. -DI > +DI suggests strong bearish directional bias. RSI (46.92) is in bearish territory, indicating downward momentum. MACD line (-2.33) is above Signal line (-2.38) (bullish crossover), confirming upward momentum. Current Weekly ATR is 4.85, indicating the average weekly price range.
Base Scenario
44.19% ProbabilitySteady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (29.08) indicates a strong trend. -DI > +DI suggests strong bearish directional bias. RSI (46.92) is in bearish territory, indicating downward momentum. MACD line (-2.33) is above Signal line (-2.38) (bullish crossover), confirming upward momentum. Current Weekly ATR is 4.85, indicating the average weekly price range.
Bearish Scenario
33.95% ProbabilityLong-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (29.08) indicates a strong trend. -DI > +DI suggests strong bearish directional bias. RSI (46.92) is in bearish territory, indicating downward momentum. MACD line (-2.33) is above Signal line (-2.38) (bullish crossover), confirming upward momentum. Current Weekly ATR is 4.85, indicating the average weekly price range.
Technical Analysis
Trend Identification
EMA
Exponential Moving Average
Current price (56.24) is below both Short MA (58.53) and Long MA (57.46). This indicates strong bearish momentum. Short MA (58.53) is above Long MA (57.46), a bullish crossover ('Golden Cross' if it's a significant period). This indicates an upward trend. MAs (58.53, 57.46, 59.58) show mixed alignment, suggesting market indecision or range-bound activity.
MACD
Moving Average Convergence Divergence
MACD line is below the Signal line (bearish crossover). This indicates downward momentum. Histogram (-0.3700) is negative and expanding, confirming bearish momentum. MACD and Signal lines are on opposite sides of the zero line, indicating a potential zero-line crossover. This is a significant trend indicator.
ADX
Average Directional Index
ADX (11.87) indicates a weak or non-existent trend (ranging market). -DI (26.23) is above +DI (15.14), suggesting a bearish directional bias. Avoid trend-following strategies. Consider range-bound or reversal strategies, or wait for a clearer trend to develop.
Momentum Measurement
RSI
Relative Strength Index
RSI (42.66) is in the bearish territory, but not yet oversold. This indicates downward momentum. Monitor for continuation or signs of strength.
Stochastic
Stochastic Oscillator
Stochastics (%K: 15.72, %D: 19.75) are in the oversold zone (below 20). This suggests the asset may be losing downward momentum. A bearish crossover (%K below %D) is observed. This indicates downward momentum. Be cautious if it's already in the oversold region.
CCI
Commodity Channel Index
CCI (-148.23) is below -100. This suggests a strong downward momentum and an oversold condition. Consider buying or looking for long entries cautiously. Confirm with price action; if price is making lower lows, momentum is strong. Look for rallies to enter short.
MACD
Momentum Perspective
MACD line is below the Signal line (bearish crossover). This indicates downward momentum. Histogram (-0.3700) is negative and expanding, confirming bearish momentum. MACD and Signal lines are on opposite sides of the zero line, indicating a potential zero-line crossover. This is a significant trend indicator.
Volatility Measurement
ATR
Average True Range
Current ATR is 1.7500. ATR indicates average volatility. Market conditions are relatively stable.
Bollinger Bands
Volatility Bands
Current price (56.24) is within the Bollinger Bands (56.14 - 60.92). This suggests the price is trading within its typical volatility range. Price is below the Middle Band (58.53), indicating short-term bearish bias.
Volume Analysis
OBV
On-Balance Volume
OBV (29941200.00) is falling, indicating selling pressure and distribution. Price is falling and OBV is falling. This is bearish confirmation, indicating selling pressure supports the price decrease. Consider holding short positions or initiating new ones. Volume is supporting the trend.
Risk Management & Potential Reversals
SAR
Parabolic Stop and Reverse
SAR points above price indicate bearish trend. Current SAR at 60.88 is 8.25% from price. Consider SAR as a potential take-profit level or to confirm a downtrend.
RSI
Reversal Perspective
Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.
Stochastic
Oversold
Stochastic is in oversold territory (15.7). Monitor for potential bullish crossover or movement above 20, which could signal a reversal. Current crossover status: Bearish.
Bollinger Bands
Reversal Perspective
Bands show normal bandwidth. Price is in the lower half of the bands, suggesting a bearish bias.No indication of imminent volatility expansion or reversal.